Maximum 401k Contribution 2024 Per Person Usa

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Maximum 401k Contribution 2024 Per Person Usa. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.


Maximum 401k Contribution 2024 Per Person Usa

You can contribute to more than one. The maximum contribution for iras and roth iras increased to $6,500, up from $6,000 in 2022.

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