What Is The Limit On 401k Contributions 2024 In India. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The 401(k) contribution limit for 2024 is $23,000, or $30,500 if youโre at least 50.