Limit For 401k Contribution 2024 Employer

Limit For 401k Contribution 2024 Employer. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. Employees 50 or older can.


Limit For 401k Contribution 2024 Employer

If you’re age 50 or older, you’re eligible for an additional $7,500 in catch. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

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