401k Max Contribution 2024 Employer Limit

401k Max Contribution 2024 Employer Limit. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.


401k Max Contribution 2024 Employer Limit

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 on total employer and employee contributions for 2023 was $66,000 ($73,500 with.

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