Annual 401k Limit 2024

Annual 401k Limit 2024. 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 contribution limits for individual.

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).