2024 401k Contribution Limits 2024 Employer

2024 401k Contribution Limits 2024 Employer. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.


2024 401k Contribution Limits 2024 Employer

Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023).

2024 401k Contribution Limits 2024 Employer Images References :