What Is 2024 Maximum 401k Contribution Limit. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.
The total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024. The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50.
What Is 2024 Maximum 401k Contribution Limit Images References :
