What Is The 2024 401k Limit

What Is The 2024 401k Limit. That limit also applies to 457, 403 (b) and the federal government’s thrift. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000.


What Is The 2024 401k 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. 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.

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