Irs 401k Employer Contribution Limits 2024

Irs 401k Employer Contribution Limits 2024. The employee contribution limit for 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. Learn about the 2024 limits and other upcoming 401 (k) changes.


Irs 401k Employer Contribution Limits 2024

This amount is an increase of $500 from the 2023 401 (k). The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000.

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