2024 401k Contribution Limits Chart

2024 401k Contribution Limits Chart. According to the report, mercer envisions the irs increasing contribution limits by $500 in 2024 for not only 401 (k)s, but also 403 (b) and eligible 457 plans. As of 2024, you are allowed to contribute up to $7,000 to traditional or roth iras, with an extra $1,000.


2024 401k Contribution Limits Chart

The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. $7,000 ($8,000 if you’re 50 or older) $138,000 to $153,000.

2024 401k Contribution Limits Chart Images References :