2024 401k Contributions Limit

2024 401k Contributions Limit. For 2024, the limit must be either 100% of the employee’s compensation or $69,000, whichever is lesser. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs.


2024 401k Contributions Limit

For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000. Most people don’t max out.

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