401k 2024 Tax Year Limit

401k 2024 Tax Year Limit. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. The 401 (k) contribution limit for 2024 is $23,000.


401k 2024 Tax Year Limit

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. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k).

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