What'S The Max 401k Contribution For 2024

What'S The Max 401k Contribution For 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

The irs sets a maximum contribution limit for how much money employees can put into their 401 (k)s, as well as a limit for how much an employer and employee. 401(k) contribution limits for 2024.