401k 2024 Contribution Amounts
401k 2024 Contribution Amounts. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. 401k catch up contribution limit 2024 ailis arluene, total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
What is the 401(k) contribution limit in 2024? 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.
…