2024 Irs 401k Limit. 401(k), 403(b) and 457 elective deferral limit: 48 rows what is the 401(k) contribution limit in 2024?


2024 Irs 401k Limit

The irs said on friday it increased the annual employee deferral limit to $23,500, from $23,000 in 2024, for workplace plans, including 401(k)s, 403(b)s, governmental 457. The contribution limit for employees who participate in 401k, 403b, and most 457 plans, as well as the federal government’s thrift savings plan is increased to $23,000, up from $22,500.

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