Morna Mechelle

401k 2024 Contribution Limit Irs After Tax. The 2024 ira contribution limit is $7,000, up from $6,500 in 2023. 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.

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. In 2023, the 401(k) contribution limit was $22,500.