401 K Contribution Limit 2024

401 K Contribution Limit 2024. While the official irs announcement will come next month, the contribution limit for retirement accounts will likely increase from $23,000 to $23,500 in 2025,. For instance, you can contribute up to $23,000 to a 401 (k) by the last business day of 2024.

$19,500 in 2020 and 2021; If you are 50 or older, you can save $7,500 more in your roth 401 (k) as a.