401k 2024 Contribution Limit Chart Pdf. Older workers can defer paying income tax on as much as $30,000 in a 401 (k) plan in 2023. Here's how the 401 (k) plan limits will change in 2024:
Firstly, the irs raised the contribution limit for 401 (k) plans in 2024, allowing individuals to contribute up to $23,000. This is an increase from the previously set amount of.