Essy Ofilia

Irs 2024 Max 401k Contribution Limits. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The plan must specifically state that contributions or benefits cannot exceed.

In 2024, employers and employees together can contribute up to $69,000, up from a limit of. 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.