401 K Plan Contribution Limits 2024 Fidelity

401 K Plan Contribution Limits 2024 Fidelity. Here's how the 401(k) plan limits will change in 2024: The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.

However, your contribution cannot exceed 25% of your gross adjusted. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.