What Is The Max 401 Contribution For 2024 . The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $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.
Some retirement plans have lower limits, so check the details of your allowable. Those 50 and older can contribute an additional.
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