Maximum 401 K Contribution Limit 2024 Lok

Maximum 401 K Contribution Limit 2024 Lok. The irs sets annual contribution limits for 401 (k) plans, which can change yearly to account for inflation and other economic factors. In 2024, this limit is set at $1,000.

The irs sets annual contribution limits for 401 (k) plans, which can change yearly to account for inflation and other economic factors. In 2024, the contribution limit for 401k plans, including 403 (b) plans, and most 457 plans, will increase to $23,000.