Single 401k Limits 2024

Single 401k Limits 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. For 2024, you can contribute up to $69,000, or $76,500 if you're 50 or older.

For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from.