2024 401k Limits Catch Up
2024 401k Limits Catch Up . The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.
Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 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.
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