Max 401k Contribution 2024 Employer Limit

Max 401k Contribution 2024 Employer Limit. The irs has officially announced the 401k and ira contribution limits for the year 2024. This amount is up modestly from 2023, when the individual.

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401(k) plan, whether through 401(k).