Maximum 401k Contribution 2024 Per Person Per Month

Maximum 401k Contribution 2024 Per Person Per Month. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The contribution limits for individual retirement accounts (iras).

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The contribution limits for individual retirement accounts (iras).