2024 Max 401k Contribution . For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in renton, washington,.
For simple 401 (k) plans, the total annual contribution limit varies per company. Individual retirement account (ira) $7,000.
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2024 401k contribution limits Inflation Protection , For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.