What Is The 401k Limit For 2024 Catch-Up . That means a total of $30,500. Limits involve both employee and employer contributions, making exact calculations critical to avoid.
The 401(k) employee contribution limit for 2024 is $23,000. The 401(k) compensation limit is $345,000.
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Catch Up 401k 2024 Date Ruthe Clarissa , Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.
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What are the 401k Catchup contribution limits for 2024? Maximizing , The 401(k) employee contribution limit for 2024 is $23,000.