Simple Ira Contribution Limits 2024. For businesses with 25 or fewer employees, starting in 2024, both the “normal” salary. The 401 (k) contribution limit is $23,000.

Here’s how the 401 (k) plan limits will change in 2024: Consider a married earner with a magi under the married filing jointly direct roth ira income limits but above the single income limits ($200,000 works as a good example for.