401 K Limits 2024 Income. That's an increase from the 2023 limit of $330,000. You can contribute to more than one.


401 K Limits 2024 Income

A 5.4% bump in the standard deduction and a boost to 401(k) contribution limits are among the tweaks to account for inflation. 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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