2024 401k Contribution Limits For Simple 401k Contribution Limits. This is in contrast to a traditional 401(k), which has a $22,500 limit in 2023 and a $23,000 limit in. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:
In comparison, simple 401(k) plans have the following limits for 2024, including employer contribution limits: The income ranges for determining eligibility to make deductible contributions to traditional individual retirement arrangements (iras), to contribute to roth iras, and to claim the saver’s credit all increased for 2024.
