What Is The Limit On 401k Contributions 2024 Married Filing Separately

What Is The Limit On 401k Contributions 2024 Married Filing Separately. In 2024, the income limit for the credit increased to $76,500 for married couples filing jointly, up from $73,000 in 2023. 401 (k), 403 (b), 457 plan, thrift savings plan.

Individuals may contribute the full amount if they’re married filing jointly, and their modified adjusted gross income (magi) is less than $218,000 (rising to $230,000. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.