2024 401k Limit. Learn how much you can contribute to your 401 (k) plan in 2024, whether you are a traditional or roth participant, and how catch. Thanks to new legislation, americans with retirement plans now have easier access to cash in the event of a financial emergency.
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. So keep that in mind!.