Employee 401k Contribution Limits 2024 . For tax year 2024 (filed by april 2025), the limit is $23,000. That's an increase from the 2023 limit of $330,000.
The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
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