Max 401k Contribution 2024 And Catch Up Status. For 2024, that limit goes up by $500 for a total of. The 401 (k) compensation limit is $345,000.


Max 401k Contribution 2024 And Catch Up Status

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. The 401 (k) compensation limit is $345,000.

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