2024 401k Contribution Limits For Simple 401k Contribution Limits. The simple ira and simple 401 (k) contribution limits will increase from $16,000 in 2024 to $16,500 in 2025. Those 50 and older can contribute an additional $7,500.


2024 401k Contribution Limits For Simple 401k Contribution Limits

You can soon save more money for retirement, thanks to an increase in ira and 401(k) contribution limits for 2024. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).

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