Total 401k Limit 2024

Total 401k Limit 2024. The contribution limits for individual retirement. Participants who are 50+ can save an additional $7,500 in 2024 in.


Total 401k Limit 2024

For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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