401k Limit 2024 Employer Contributions 2024 . Workplace retirement plan contribution limits for 2024. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
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