Codee Anestassia

Annual Compensation Limit 401k 2024. The 401 (k) contribution limit for 2024 is $23,000. For 2024, the contribution limits for 401 (k) plans have been increased.

The 2024 limit on 401 (k) contributions is $23,000, or $30,500 for people 50 and older. The total contribution amount allowed for all 401 (k) accounts held by the same employee (regardless of current employment status) is $69,000 in 2024 or 100% of.