2024 401k Limits Chart Fidelity

2024 401k Limits Chart Fidelity. Total average 401 (k) savings rates reached a record high of 14.2%, driven by employee and employer 401 (k) contributions that matched previous record levels (9.4% and 4.8%,. Here's how the 401(k) plan limits will change in 2024:

In this piece, we’ll review the 401(k) contribution limits for 2023 and 2024. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.