401 K Plan Contribution Limits 2024 Calculator

401 K Plan Contribution Limits 2024 Calculator. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The irs sets the maximum that you and your employer can contribute to your 401 (k) each year.


401 K Plan Contribution Limits 2024 Calculator

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.

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