401 K Limit For 2024. This limit includes all elective employee salary deferrals and any contributions. This amount is up modestly from 2023, when the individual.


401 K Limit For 2024

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. Employees can contribute up to $22,500, up from $22,000 in 2023.

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