401k Annual Limit 2024 Increase. If the 2024 increase occurs as projected, that will make it one of the smaller increases to the. You can soon save more money for retirement, thanks to an increase in ira and 401(k) contribution limits for 2024.


401k Annual Limit 2024 Increase

The 2024 individual 401(k) contribution limit is $23,000, and 2025’s is $500 higher. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.

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