Menu

Irs 401k 2024 Maximum Limit

Irs 401k 2024 Maximum Limit. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. For individual retirement accounts, or iras—both roth and traditional types—2024 contributions will max out at $7,000, up from $6,500 in 2023.


Irs 401k 2024 Maximum Limit

Employees can contribute a maximum of $15,500 in 2023 and. The 401 (k) employee contribution limit for 2024 is $23,000.

Irs 401k 2024 Maximum Limit Images References :