Brynna Rosabel

Total 401k Contribution Limit 2024 After Tax. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira contribution deductibility. 401(k) contribution limit for 2024.

Employees can contribute up to $22,500, up from $22,000 in 2023. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.