401k 2024 Contribution Limit Charts

401k 2024 Contribution Limit Charts. Contribution limits for 401(k), 403(b), and most 457 plans, as well as the federal government's thrift savings plan will also increase by $500 for 2024. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.


401k 2024 Contribution Limit Charts

All new limits will go into effect jan. 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.

401k 2024 Contribution Limit Charts Images References :