What Is 2024 Maximum 401k Contribution Limit. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
Those 50 and older can contribute an additional $7,500. What is the basic contribution limit for 401(k)s?
What Is 2024 Maximum 401k Contribution Limit Images References :