Catch Up 401k Contribution 2024 . The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,.
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