,
401 K Plan Contribution Limits 2024 Fidelity

401 K Plan Contribution Limits 2024 Fidelity. 401(k) contribution limits for 2024. In 2024, the 401(k) contribution limit for participants is increasing to.


401 K Plan Contribution Limits 2024 Fidelity

The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $345,000 in 2024. The 2024 401(k) contribution limit is $500 higher than this yearโ€™s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.

401 K Plan Contribution Limits 2024 Fidelity Images References :

More Details