2024 401k Contribution Limits For Simple 401k Withdrawal. 401 (k) contribution limits for 2024. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people under age 50.


2024 401k Contribution Limits For Simple 401k Withdrawal

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. If you want to save huge sums of money in an ira, you’re out of luck.

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