401k Limit For 2024. For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000. What is the 401(k) contribution limit in 2024?


401k Limit For 2024

Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. 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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