Max 401k Contribution 2024 Including Employer Login
Max 401k Contribution 2024 Including Employer Login. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Simple 401(k) plan contributions max out at $16,000 for the 2024 tax year.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. In 2024, the irs limits total 401(k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.