Maximum 401 K Contribution Limit 2024 Olympics

Maximum 401 K Contribution Limit 2024 Olympics. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The contribution limits for individual retirement accounts (iras).

Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. That means a new 401(k).