2024 401k Limits Inflation Adjustment

2024 401k Limits Inflation Adjustment

2024 401k Limits Inflation Adjustment. This means that participants in these plans who are 50 and older now can contribute up to $30,500 in 2024 in total. In 2024, the wage base limit is $168,600, up from last year's $160,200 limit.


2024 401k Limits Inflation Adjustment

Those 50 and older can contribute an additional $7,500. The 2024 401 (k) contribution limit the contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from.

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