The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Note that your annual contribution is also subject to certain contribution limits set by the irs.
It’s important to note that if you’re age 50 or. Use paycheckcity’s 401k calculator to see how 401k contributions impact your paycheck and how much your 401k could be worth at retirement.
401k Max Contribution 2024 Calculator Images References :