2024 Max 401k Contri …

2024 Max 401k Contribution Limits 2024. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). Contribution limits for individual retirement accounts (iras), whether traditional or roth, were $7,000 for 2024, rising from $6,500 for 2023.

That limit also applies to 457, 403 (b) and the federal. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.