401 K Plan Contribution Limits 2024 Chart. 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. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
According to a statement issued by the irs, starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for. For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan is $23,000.
401 K Plan Contribution Limits 2024 Chart Images References :
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