What Is The 401 K Contribution Limit For 2024

What Is The 401 K Contribution Limit For 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). 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.


What Is The 401 K Contribution Limit For 2024

401 (k) contribution limits for 2024. In 2024, the irs has increased the standard employee contribution limit for 401(k) plans to $23,000.

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