401k Maximum 2024
401k Maximum 2024. The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024. — for the tax year 2024, the maximum amount that an employee can contribute to their 401 (k) retirement plan is $23,000.
— total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.