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401k Limits 2024 After Tax

401k Limits 2024 After Tax. When most people think of 401(k) contribution limits, they are thinking of the elective deferral limit, which is $23,000 for 2024 ($22,500 in 2023). The annual contribution limit is $23,000 in 2024 and.


401k Limits 2024 After Tax

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. You can contribute up to $23,000 for 2024 (adjust for current limits if necessary).

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