401k 2024 Tax Year Limit

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401k 2024 Tax Year Limit. Here's how the 401 (k) plan limits will change in 2024: The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.


401k 2024 Tax Year Limit

The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. Here are the latest income tax slabs that will be effective for the current financial year after budget 2024.

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