Current 401k Contribution Limits 2024 Lok

Current 401k Contribution Limits 2024 Lok. 401 (k) contribution limits in 2023 and 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax. 401k contribution limits for 2024 are $23,000 per person, up from 22,500 in 2023.