Irs 2024 401k Contribution Limits 2024

Irs 2024 401k Contribution Limits 2024. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.

The 2024 contribution limits for 401(k), 403(b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute. Here’s how the 401(k) plan limits will change in 2024: