401k Contributions 2024 Maximum Contribution. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.
The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax.
401k Contributions 2024 Maximum Contribution Images References :