2024 401k Contribution Max Over 50
2024 401k Contribution Max Over 50. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. That limit also applies to 457, 403 (b) and the federal.