2024 401k Contribution Limits For Simple 401k. In this piece, we’ll review the 401 (k) contribution limits for 2023 and 2024. The contribution limit for simple 401k and simple ira plans is $16,000 in 2024.
The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). In this article, we’ll look at how to invest money for retirement and the 401 (k) contribution limits for 2023 and 2024.