401k Limits 2024 Irs. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. 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 announced nov.


401k Limits 2024 Irs

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.

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