401k Limit 2024 After Tax In India.  — for 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.  — the contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.

 — for 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.  — starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs.