2024 401k Contribution Catch Up Limit
2024 401k Contribution Catch Up Limit . — for 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. Workers ages 50 and older can make an additional annual contribution to their 401(k) plan, over and above the standard $20,500 limit.
The 401 (k) compensation limit is $345,000. This is the same as it was in 2023.
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