2024 401k Contribution Limit.  — the 401(k) contribution limit is $23,000 in 2024.  — the total contribution amount allowed for all 401(k) accounts held by the same employee (regardless of current employment status) is $69,000 in 2024 or 100% of compensation, whichever is less.


2024 401k Contribution Limit

The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. In 2025, the total contribution limit is projected to be $71,000.

2024 401k Contribution Limit Images References :