401k Limit 2024
401k Limit 2024. Review the irs limits for 2024. For the tax year 2024, the maximum amount that an employee can contribute to their 401 (k) retirement plan is $23,000.
If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). That’s an increase from the 2023 limit of $330,000.