Max 401k 2024 Contribution Limit. Learn about types of 401(k) plans and how you can increase your limit. By contrast, only 11.5% of baby boomers are making contributions into.
The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras. For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older.