Max 401k In 2024
Max 401k In 2024. The 401 (k) contribution limit for 2024 is $23,000. The ira catch‑up contribution limit for individuals aged 50.
Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. The 401 (k) contribution boost for 2024 is lower than the $2,000 jump that occurred for 2023, but is still significant for the many employees who are falling short of.