Leigh Shelley

2024 401k Max Contribution Limit.  — the 401(k) contribution limit for 2024 is $23,000. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

 — the total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024. Those 50 and older can contribute an additional.