2024 401k Contribution Limit 50 Percent . This means the total contribution can reach as much as $31,000. In 2024, this goes up to $23,000.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. In 2024, this goes up to $23,000.
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Lifting the Limits 401k Contribution Limits 2024 , Workplace retirement plan contribution limits for 2024.