2024 401k Limits Contribution 2024
2024 401k Limits Contribution 2024. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. The employer contribution limit also rises to $46,500, bringing the.
For 2024, the contribution limit increases again to $23,000. The 401(k) contribution boost for 2024 is lower than the $2,000 jump that occurred for 2023, but is still significant for the many employees who are falling short of their retirement goals.