2024 Max 401k Employee Contribution Limit. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.
For 2024, the irs has established a maximum employee contribution limit of $23,000 for individuals under the age of 50. The limit on total employer and employee contributions for 2023.
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