401k Limits 2024 50 Year Rule

401k Limits 2024 50 Year Rule. This amount is up modestly from 2023, when the individual. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.

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 federal employees, the irs. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.