2024 Max 401k Contribution Limits Catch Up Contributions 2024

2024 Max 401k Contribution Limits Catch Up Contributions 2024. The 401 (k) contribution boost for 2024. The 401 (k) compensation limit is $345,000.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.