401k 2024 Tax Year Limit 2024. Retirement limits, tax brackets and more. That means a new 401 (k) contribution limit of.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. Income above rs 15 lakh taxed at 30%.