401 K Max 2024 Contribution Limits. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. This limit includes all elective employee salary deferrals and any contributions.
— workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. — the 401 (k) individual contribution limit in 2024 is $23,000 ($30,500 in individual contributions if you are 50 or older).
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