Cap On 401k Contributions 2024. That's an increase from the 2023 limit of $330,000. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.
Find out the irs limit on how much you and your employer can contribute to your 401 (k) retirement savings account in 2023 and 2024. For 2024, your personal contributions cannot exceed $23,000 or $30,500 if you are age 50 or older.
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