401k 2024 Tax Year Limitations. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. Withdrawals can be taken to fund any need the saver considers an emergency, without having to meet previously strict eligibility requirements.
If you recently started a 401 (k), the 2024 contribution limits are particularly important. In 2024, this rises to $23,000.
401k 2024 Tax Year Limitations Images References :