Lolly Rachele 2024 2024 401k Limits Contribution Amount

2024 401k Limits Contribution Amount

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2024 401k Limits Contribution Amount. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.


2024 401k Limits Contribution Amount

For 2024, the contribution limit increases again to $23,000. It’s similar to a private company 401k in terms of tax benefits, contribution limits, etc.

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