401k Limits 2024 Married Man

401k Limits 2024 Married Man. In 2024, the income limit for the credit increased to $76,500 for married couples filing jointly, up from $73,000 in 2023. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).

The 401(k) contribution limit is $23,000. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.