401k Limits 2024. In 2023, this rises to $22,500. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.
The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. The 2024 contribution limit for 401 (k) plans is $23,000.
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