401k Contribution Li …

401k Contribution Limits 2024. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as. 401 (k) contribution limits in 2023 and 2024.

Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.