2024 Max 401k Contribution Limits

2024 Max 401k Contribution Limits. Some retirement plans have lower limits, so check the details of. 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.

2025 is also the first year that a. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.