401k Contribution Limits 2024 Irs . The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. In 2023, this rises to $22,500.
The plan must specifically state that contributions or benefits cannot exceed. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:
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