Compensation Limit For 401k 2024. 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. (for 2023, it's $330,000.) there is also an absolute limit, which is the total of all contributions to a 401(k) plan.
For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. View the 2024 irs compensation and contribution limits and how they compare to 2023.
Compensation Limit For 401k 2024 Images References :