Limits For 401k 2024. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k). For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023โs limit.
