Contribution Limit 401k 2024 Fidelity

Contribution Limit 401k 2024 Fidelity. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000. In 2024, aggregate contributions can reach up to $69,000 if you are under 50 and $76,500 if you are 50 or older.

The 2024 contribution limit for 401(k) plans is $23,000, or $30,500 for those 50 and older. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira.