2024 401k Max Contribution Amount . For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan is $23,000. That means a new 401 (k).
The irs has announced the 2024 contribution limits for retirement savings. After rising substantially from $20,500 in 2022 to $22,500 for 2023, mercer projects the annual cap to go up just $500 in 2024.
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