401k Limit 2024 69000 Dollars
401k Limit 2024 69000 Dollars . In 2024, employees and employers can contribute a combined maximum of $69,000 (or $76,500 if the employee is age 50 or older). In 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.
The individual contribution limits shown above are the. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
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