2024 40k Limit In. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. What is the 401(k) contribution limit in 2024?
According to the report, mercer envisions the irs increasing contribution limits by $500 in 2024 for not only 401 (k)s, but also 403 (b) and eligible 457 plans. You can contribute to more than one 401 (k) plan.
