401k Limit 2024

401k Limit 2024. The dollar limitations for retirement plans and certain other dollar limitations that. The 2024 limit on 401(k) contributions is $23,000, or $30,500 for people 50 and older.


401k Limit 2024

 โ€” starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Employers can only use the first $345,000 of compensation to determine your 401(k) match.

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