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What Is The Max 401 Contribution For 2024

What Is The Max 401 Contribution For 2024. The increase applies to other retirement savings. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.


What Is The Max 401 Contribution For 2024

Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year. The 401 (k) contribution limit for 2024 is $23,000.

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