401k Limits 2024 50 Year Rule

401k Limits 2024 50 Year Rule. For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs. There's also a $7,500 catch.

Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.