401k Limits 2024 Table With Matching Contributions

401k Limits 2024 Table With Matching Contributions.  — this year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax. For 2024, the annual limit on employee contributions to a 401(k) is $23,000 for workers under age 50.

In 2023, this rises to $22,500. But if you are age 50 or older, you can take advantage of.