What Is The 401k Limit For 2024 Nfl . 401k elective deferral limit increases to $23,000. The 401(k) contribution limit for 2023 is $22,500 for employee salary deferrals and $66,000 for combined employee and employer contributions.
The limit for an individual retirement account (ira) or roth ira is $7,000, or $8,000 for those over 50. You are mixing up iras and 401ks.
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