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2024

2024 401k Limits By Age

2024 401k Limits By Age. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


2024 401k Limits By Age

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.

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