Annual 401k Contribution Limit 2024

Annual 401k Contribution Limit 2024. For 2024, the contribution limit for an ira stands at $7,000 and $8,000 for people 50 and older. The 401(k) contribution limit is $23,000.


Annual 401k Contribution Limit 2024

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.

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