Maximum 401k Contribution 2024 Employer

Maximum 401k Contribution 2024 Employer. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The limit on total employer and employee contributions for 2023.

For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.