Annual 401k Contribution Limit 2024 Over 55 . The 2023 401(k) contribution limit for employees was $22,500. 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 for ira.
The 401(k) contribution limit is $23,000. For 2024, employees may contribute up to $23,000.
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