401k Limit 2024 50
401k Limit 2024 50. 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. This limit includes all elective employee salary deferrals and any contributions made to a.
In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. In 2024, aggregate contributions can reach up to $69,000 if you are under 50 and $76,500 if you are 50 or older.