Will 401k Limits Increase In 2024. In the new year, you'll be able to contribute up to $23,000 to 401 (k), 403 (b), and most 457 plans,. What is the 401(k) contribution limit in 2024?
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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