401k Max Contribution 2024 Employer

401k Max Contribution 2024 Employer. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Those 50 and older can contribute an additional.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.