The 401 (k) contribution limit for 2024 is $23,000. Workplace retirement plan contribution limits for 2024.
The irs also sets limits on how much you and your employer combined can contribute to your 401 (k). For 2024, there’s a slight increase in the amount you can save in your 401 (k) plan.
For 2024, The 401 (K) Contribution Limit For Employees Is $23,000, Or $30,500 If You Are Age 50 Or Older.
For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.
Here's How The 401(K) Plan Limits Will Change In 2024:
401 (k) contribution limits 2025.
Images References :
The 401 (K) Contribution Limit For 2024 Is $23,000.
Here are the 2022 401k contribution limits.
The 401 (K) 2024 Employee Contribution Limit Is $23,000, Which Is An Increase Of $500 From The Previous Year.
These were announced by the irs on november 4, 2021.