2024 401k Limits

2024 401k Limits. The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


2024 401k Limits

(for 2024, those annual limits were $23,000 for a 401(k) and an additional $7,500 for those 50 and older.) and if you prefer to opt out of the automatic escalation. Irs releases the qualified retirement plan limitations for 2024:

2024 401k Limits Images References :