What Is The Limit On 401k Contributions 2024 Pdf . Earnings limit for workers who are younger than. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
For 2024, you can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for savers age 50 and older. The ira and roth ira annual contribution limit has increased from $6,500 to $7,000.
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