2024 401k Limits Contribution . The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.
The contribution limit will increase from $22,500 in 2023 to $23,000. Other 2025 projected increases include:
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