401k Limits 2024 Total Amount

401k Limits 2024 Total Amount. In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.


401k Limits 2024 Total Amount

In 2024, employers and employees together can contribute. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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