401k Contributions 2024 Maximum Limit

401k Contributions 2024 Maximum Limit. 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. The maximum amount you can contribute to a roth 401 (k) for 2024 is $23,000 if you're younger than age 50.

The irs has just announced the new contribution and benefit limits for 2024 and—reflecting the moderating inflation readings, the increases are modest. Current 401 (k) contribution limits.