2024 401k Contribution Limit Catch Up Calculator
2024 401k Contribution Limit Catch Up Calculator. The 401k limits for 2021 and 2022 set by the irs are $19,500 and $20,500, respectively. This dollar amount is the same as in 2023.
The irs sets a limit on how much can be put into this plan every year, also known as an annual 401(k) contribution limit. โ the irs has officially announced the 401k and ira contribution limits for the year 2024.