Max 401k Contribution 2024 And Catch Up Limit

Max 401k Contribution 2024 And Catch Up Limit. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. This means that your total 401(k) contribution limit for 2024 is.


Max 401k Contribution 2024 And Catch Up Limit

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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