Max 401k Contribution 2024 Including Employer Match

Max 401k Contribution 2024 Including Employer Match. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. As announced by the internal revenue service (irs), contribution limits for 401(k) plans have increased in 2024.


Max 401k Contribution 2024 Including Employer Match

Employer contributions, including matching contributions, count toward the total contribution limit for 401(k)s, which is the combined limit for both employee and. Those 50 and older can contribute an additional $7,500.

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