2024 Irs 401 K Contribution Limits Over 50 . The limit on employer and employee contributions is $69,000. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Those same limits apply to 403(b).
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