401k 2024 Limits Increase Uk

401k 2024 Limits Increase Uk. This is an increase of $500 from the 2020 limit of $19,000. Some 401 (k)s allow added savings beyond those limits.

In the upcoming year, the individual contribution level will rise to $23,000, from $22,500 in 2023. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.