What Is The 401k Limit For 2024 Uk.  — the basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). Financial planners are urging workers to make the most of an increase to 401 (k) contribution limits set to come into effect from 2024.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.  — the contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.