Vyky Chelsea20242024 401k Contribution Limits 2024 Employer Match
2024 401k Contribution Limits 2024 Employer Match
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2024 401k Contribution Limits 2024 Employer Match. — 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 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
This is the maximum that you can contribute as an employee. — the total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
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