401k 2024 Maximum Contribution 2024. The 401(k) contribution limit is $23,000. Some retirement plans have lower limits, so check the details of your allowable.
To maximize contributions to a 401(k) plan, employees should aim to contribute the maximum allowable amount, considering annual contribution limits set by the irs. 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.
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