401k Annual Limit 2024

401k Annual Limit 2024. The contribution limits for individual retirement accounts (iras). The 2024 limit on 401(k) contributions is $23,000, or $30,500 for people 50 and older.

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. The 401(k) employee contribution limit for 2024 is $23,000.