Golda Dorolisa

Irs Limit For 401k 2024. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This amount is up modestly from 2023, when the individual.