Limit For 401k 2024

Limit For 401k 2024. For 2024, you can contribute up to $23,000 to a 401 (k). That's an increase from the 2023 limit of $330,000.


Limit For 401k 2024

The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.

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