401k 2024 Limits Irs

401k 2024 Limits Irs. For those who use simplified employee pension (sep) iras or simple iras, the 2025 contribution limits are as follows: The employee contribution limit for simple iras and simple 401 (k) plans is increased to $16,000, up from $15,500.

For those who use simplified employee pension (sep) iras or simple iras, the 2025 contribution limits are as follows: In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.