Annual 401k Contribution Limit 2024 , Annual 401k Contribution Limit 2024 The 401(k) contribution limit is $23,000. The 401(k) contribution limit for 2024 is $23,000. This amount is up modestly from 2023, when the individual 401 (k) contribution. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000. Changes In Inflation Affect The Limits, Which Have Risen Gradually. Increased by $500 from 2023 to 2024, allowing employees under 50 to contribute up to $23,000. Plan Participants Can Contribute Up To $23,000 For 2024, Which Is Up From $22,500 For 2023. Learn more about 401(k) limits. Images References : Those 50 And Older Can Contribute An Additional $7,500. You can contribute to more than one. In 2024, The Contribution Limit For A Roth 401 (K) Is $23,000, Plus An Additional Contribution Of $7,500 If You Are Age 50 Or Older. For 2024, the contribution limits for 401 (k) plans have been increased. 2024
Annual 401k Contribution Limit 2024 The 401(k) contribution limit is $23,000. The 401(k) contribution limit for 2024 is $23,000. This amount is up modestly from 2023, when the individual 401 (k) contribution. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.