401k Contribution Limit 2024 Over 55
401k Contribution Limit 2024 Over 55. 401 (k) contribution limits for 2024. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.
The annual elective deferral limit for 401(k) plan employee contributions is increased to $23,000 in 2024. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.