401k 2024 Max Limits

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


401k 2024 Max Limits

Some 401 (k)s allow added savings beyond those limits.  — the internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500 in 2023.

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