401k 2024 Max Contribution Rate. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The irs sets a limit on how much can be put into this plan every year, also known as an annual 401(k) contribution limit.
Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from $22,500 for 2023. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.
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