401k Contribution Limits 2024 After Tax 2024

401k Contribution Limits 2024 After Tax 2024. For tax year 2024, employees can contribute up to $23,000. 401 (k), 403 (b) and 457 elective deferral limit:

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 penalties. For 2024, the contribution limit for a sep ira.