Contribution Limits 2024 Ira 401k. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. 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 this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently. Save more in your 401 (k) or ira in 2024:
Contribution Limits 2024 Ira 401k Images References :