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Maximum 401 K Contribution Limit 2024 Calendar

Maximum 401 K Contribution Limit 2024 Calendar. If you’re over the age of 50, you can contribute an additional $7,500. 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 $22,500 limit in 2023.


Maximum 401 K Contribution Limit 2024 Calendar

These limits are determined based on plan type. The irs has released new retirement plan contribution limits for 2024.

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