2024 401k Limits Catch Up . 401(k) contribution limits for 2024. The contribution limit for simple 401(k)s is $16,000 (up to $19,500 if you're 50 or older).
The 401 (k) compensation limit is $345,000. If your company does any matching, they can put in matching funds over and above the $23k limit.
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What Is The 401k Limit For 2024 CatchUp Bibbie Aprilette , Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
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401k Catch Up 2024 Rules Pdf Sari Lethia , This amount is an increase of $500 from the 2023 401 (k).