2024 401k Maximum Deferral
2024 401k Maximum Deferral. What is the 401(k) contribution limit in 2024? The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. 2024 2025 401k/403b/457/tsp elective deferral limit.