2024 Max 401k Contribution Employer . The irs has officially announced the 401k and ira contribution limits for the year 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The limit on employer and employee contributions is $69,000.
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