Irs 401k Salary Limits 2024

Irs 401k Salary Limits 2024. The 2024 max social security tax limit is $168,600. The irs recently issued the retirement plan limits for the 2024 year as detailed in the chart linked to below.


Irs 401k Salary Limits 2024

The irs sets 401(k) contribution limits and typically increases them by $500 annually. 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.

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