401k 2024 Maximum Contributions
401k 2024 Maximum Contributions . Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The 401 (k) contribution limit for 2024 is $23,000.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
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