2024 401k Limits Contribution Amount

2024 401k Limits Contribution Amount. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). The new $23,000 limit will also apply to several other retirement plans, including 403(b)s, most 457 plans and.


2024 401k Limits Contribution Amount

The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing.

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