What Is The 401k Limit For 2024 . In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. $23,000 ($30,500 for those 50 and older) • total contribution limit (employee + employer):
Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
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