Irs Limits 401k 2024
The irs released 401(k) and ira contribution limits for 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
The irs also sets limits on how much you and your employer combined can contribute to your 401 (k). The 401(k) contribution limit is $23,000.