401k Limit 2024 Family

401k Limit 2024 Family. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).


401k Limit 2024 Family

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

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