Irs 401k Limit 2024

Irs 401k Limit 2024. The dollar limitations for retirement plans and certain other dollar limitations. That's an increase from the 2023 limit of $330,000.

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. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the.