2024 401k Maximum Contribution. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Specifically, individuals who are at least 50 years old and earning more.
The contribution limit is $23,000 in the 2024 tax year. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will.
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