401k Annual Limit 2024

401k Annual Limit 2024. Ira contribution limit remains $7,000. The irs said on friday it increased the annual employee deferral limit to $23,500, from $23,000 in 2024, for workplace plans, including 401(k)s, 403(b)s, governmental 457.


401k Annual Limit 2024

The new contribution limit for 401 (k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the internal revenue service said friday. The 401(k) contribution limit is $23,000.

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