New 401k Contribution Limits 2024
Get the latest 401(k) contribution limits for 2024. This amount is up modestly from 2023, when the individual 401.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.