Irs 401k Catch Up Contribution Limits 2024 . Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The limit on employer and employee contributions is $69,000.
The limit on employer and employee contributions is $69,000. Learn the annual limits for salary deferrals, compensation, and total contributions for 401k plans in 2024.
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2024 401k Contribution Limits 2024 Catch Up Halie Leonora , Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.