Limits For 401k 2024. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax season. That's an increase from the 2023 limit of $330,000.


Limits For 401k 2024

This represents a $500 increase compared to the 2023 limit. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).

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