2024 2024 K Threshold Limit. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.


2024 2024 K Threshold Limit

For employer sponsored plans including 401 (k), 403 (b) and 457 retirement plansโ€”as well as thrift savings plans, a type of account. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

2024 2024 K Threshold Limit Images References :