2024 Max 401k Deduction Calculator

2024 Max 401k Deduction Calculator. Bankrate.com's free calculator allows you to see how contributions to a 401 (k), 403 (b) or other retirement savings account can affect your paycheck and overall earnings. Bankrate.com provides a free 401(k) calculator to help consumers calculate their retirement savings growth and earnings.

For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. You may find that your.