2024 Maximum 401k Contribution Amount Over 50 . The overall 401 (k) limits for employee and employer. The 401 (k) contribution limit is $23,000 in 2024.
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. The 401 (k) compensation limit is $345,000.
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