401k And Ira Contribution Limits 2024. 401 (k) contribution limit increase for 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
You can contribute a maximum of $7,000 (up from $6,500 for 2023). Amt ordinary income rate increases from 26% to 28% for alternative minimum taxable income over $232,600 (single and married/filing jointly).
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