2024 401k Contribution Limits 2024

2024 401k Contribution Limits 2024. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). More people will be able to make contributions to roth.


2024 401k Contribution Limits 2024

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

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