Maximum 401 K Contribution Limit 2024 Employer Match . Note that any employer match doesn't count toward an individual's 401 (k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up). Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.
Those 50 and older can contribute an additional $7,500. This means that your total 401(k) contribution limit for 2024 is $30,500.
Maximum 401 K Contribution Limit 2024 Employer Match Images References :
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