What Is The Max 401k Contribution For 2024 Calendar

What Is The Max 401k Contribution For 2024 Calendar. Maxing out your 401 (k) means contributing up to your annual contribution limit for the year. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.

Here’s why you should update your account now, financial experts say. The 401(k) contribution limit is increasing in 2025.