401k 2024 Limits Increase

401k 2024 Limits Increase. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000. But investors aged 60 to 63 can instead save an extra $11,250, based on.


401k 2024 Limits Increase

In 2024, employers and employees together can contribute. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

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