Employee 401k Limit 2024

Employee 401k Limit 2024. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The limit on employer and employee contributions is $69,000.


Employee 401k Limit 2024

The 401(k) compensation limit is $345,000. In 2024, it’s $69,000 ($66,000 in 2023) or $76,500 for employees 50 and older ($73,500 in 2023).

Employee 401k Limit 2024 Images References :