What Is The Maximum 401 Contribution 2024

What Is The Maximum 401 Contribution 2024. 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. Anyone age 50 or over is eligible for an additional.


What Is The Maximum 401 Contribution 2024

Altogether, the most that can be contributed to your 401(k) plan between both you and your employer is $69,000 in 2024, up. In 2024, the maximum you can contribute is $23,000 as the employee plus an additional 25% of compensation as the employer.

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