401 K Plan Contribution Limits 2024 Calendar

401 K Plan Contribution Limits 2024 Calendar. According to a statement issued by the irs, starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

Here’s how the 401(k) plan limits will change in 2024: The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.