Maximum 401k Contribution Limit 2024 . Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
In 2024, employers and employees together can. The 2024 limit on 401(k) contributions is $23,000, or $30,500 for people 50 and older.
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