Maximum 401k Contribution 2024 Calculator Fidelity

Maximum 401k Contribution 2024 Calculator Fidelity. The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025. The 401(k) contribution limit is $23,000.

For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. Forbes advisor’s 401(k) calculator can help you understand how much you can save, factoring in your expected age of retirement, total contributions, employer’s.