Irs Annual 401k Contribution Limit 2024. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.


Irs Annual 401k Contribution Limit 2024

This means that throughout the year, you can allocate up to.  โ€” for 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

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