401k Limit 2024 . The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023. What is the 401(k) contribution limit in 2024?
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 401(k) contribution limit for 2024 is $23,000, or $30,500 if youโre at least 50.
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