401k Max Contribution 2024 And Ira. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.
I estimate it will go up to $16,500 in 2025. In 2024, it means setting aside $23,000 in savings, or $30,500 if you’re 50 or older.
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