Total 401k Contribution Limit 2024 After Tax

Total 401k Contribution Limit 2024 After Tax. Workers who contribute to a 401 (k), 403 (b), most 457 plans, and the federal. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.