2024 40k Limitation

2024 40k Limitation. This limit includes all elective employee salary deferrals and any contributions made to a designated roth account. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.


2024 40k Limitation

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The irs adjusts this limit.

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