401k 2024 Employer Contribution Limit Irs . There are limits to how much employers and employees can contribute to a plan (or ira) each year. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
The 401(k) contribution limit is $23,000. The 401(k) employee contribution limit for 2024 is $23,000.
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401 K Plan Contribution Limits 2024 Over 55 Marjy Felicle , The internal revenue service sets the maximum amount you and your employer can contribute to your 401 (k), and that number increases in 2024.