2024 401k Limits Contribution In India. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). 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.
401k standard contribution limit in 2024 in 2024, the irs has increased the standard employee contribution limit for 401(k) plans to $23,000. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.