Whats The 401k Limit For 2024
Whats The 401k Limit For 2024 . Employer matches don’t count toward this limit and can be quite generous. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.
The 401(k) contribution limit for 2024 is $23,000, or $30,500 if you’re at least 50. Thanks to some recent adjustments by the internal revenue service, your 401 (k) will get a bit better in 2024.
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