What Is The Maximum 401 Contribution 2024

What Is The Maximum 401 Contribution 2024. The 401 (k) contribution limit is $23,000. After rising substantially from $20,500 in 2022 to $22,500 for 2023, mercer projects the annual cap to go up just $500 in 2024.


What Is The Maximum 401 Contribution 2024

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 401 (k) contribution boost for 2024 is lower.

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