2024 Contribution Limits 401k. Another consideration is income limits. Irs releases the qualified retirement plan limitations for 2024:
![2024 Contribution Limits 401k](https://tse1.mm.bing.net/th?q=2024%20Contribution%20Limits%20401k&w=1280&h=720&c=5&rs=1&p=0)
In addition, the income limits. $6,500 for 2023 and $7,000 in 2024, though if your income is less than the contribution limit, you can.