2024 401k Contribution Limits 2024 In India . As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.
Employees will be able to sock away more money into their 401(k)s next year. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax.
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