2024 401k Contribution Limits Chart

2024 401k Contribution Limits Chart. Roth 401k 2024 limits davine merlina, the roth ira has contribution limits, which are $6,500 for 2023 and $7,000 in. For 2023, an employee can contribute a maximum of $22,500 to their 401 (k), up from $20,500 in 2022 and $19,500 in 2021.

The 401(k) contribution limit is the maximum amount an individual can contribute to their 401(k) retirement account in a calendar year without facing tax. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.