Did 401k Contribution Limits Change For 2024


Did 401k Contribution Limits Change For 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). In 2024, the contribution limit for 401k plans, including 403 (b) plans, and most 457 plans, will increase to $23,000.


Did 401k Contribution Limits Change For 2024

401 (k) contribution limits are projected to rise in 2024 โ€” here are 3 easy ways to plan ahead and charge up your retirement savings. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

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