What Is The 401 K Contribution Limit For 2024 Pdf. How much can i save in an ira? The 401(k), 403(b), and 457(b) employee contribution limit has increased from $22,500 to $23,000.

For 2024, you can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for savers age 50 and older. What are the magi limitations to a roth ira?