401k Limit 2024 Employer Contribution Limit

401k Limit 2024 Employer Contribution Limit

401k Limit 2024 Employer Contribution Limit. For tax year 2024 (filed by april 2025), the limit is $23,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.


401k Limit 2024 Employer Contribution Limit

Employees can contribute up to $22,500, up from $22,000 in 2023. To understand how a solo 401 (k) works, think of contributing both as an employee of your company and as the employer.

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