Annual 401k Limit 2024. In 2023, this aggregated contribution limit was the lesser of 100% of the employee's compensation, or $66,000. Employees can contribute up to $22,500, up from $22,000 in 2023.


Annual 401k Limit 2024

For 2024, the contribution limits for 401 (k) plans have been increased. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

Annual 401k Limit 2024 Images References :