401k Contribution Limits 2024 . For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. However, withdrawals from traditional ira funds are taxed as regular income.
(for 2024, those annual limits were $23,000 for a 401(k) and an. Those 50 and older can contribute an additional $7,500.
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