2024 401k Contribution Limits 2024

2024 401k Contribution Limits 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. I estimate it will go up by $1,000 to $24,000 in 2025 (or $23,500 if inflation is low).


2024 401k Contribution Limits 2024

The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing.

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