401k Limits For 2024 Irs

401k Limits For 2024 Irs.  — section 415 of the internal revenue code (code) provides for dollar limitations on benefits and contributions under qualified retirement plans.  — the roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

The plan must specifically state that contributions or benefits cannot exceed. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.