2024 401k Maximum Contribution Limits 2024

2024 401k Maximum Contribution Limits 2024. Those 50 and older can contribute an additional $7,500. Employer matching contributions do not count.


2024 401k Maximum Contribution Limits 2024

Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from $22,500 for 2023. 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.

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