2024 401 K Limits Over 50 . For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The 401 (k) contribution limit is $23,000 in 2024.
This amount is up modestly from 2023, when the individual 401. The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently.
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