401k 2024 Contribution Limit Chart
For 2024, the limit is $23,000 for those under 50, and $30,500 for those over 50. It will go up by $500 to $23,000 in 2024.
The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira contribution deductibility. 2023 2024 401k/403b/457/tsp elective deferral limit.