401k 2024 Tax Year Limits

401k 2024 Tax Year Limits. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k). The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.


401k 2024 Tax Year Limits

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Get the latest 401(k) contribution limits for 2024.

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