401k Contribution Limits 2024 50 And Older . The 401 (k) individual contribution limit in 2024 is $23,000 ($30,500 in individual contributions if you are 50 or older). The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023’s limit.
This limit includes all elective employee salary deferrals and any contributions. The irc section 401 (a) (30) limit for 2018 is $18,500.
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