What Is The 401k Limit For 2024 Uk . The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. This is an increase of $500 from the 2020 limit of $19,000.
The maximum 401k contribution limit for 2021 is $19,500. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
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401k Limits 2024 Include Employer Matchment Ted Lexine , Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.