401k 2024 Limit. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. 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.


401k 2024 Limit

For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000. I estimate it will go up by $500 to $23,500 in 2025.

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