What Is The 401 K Contribution Limit For 2024

What Is The 401 K Contribution Limit For 2024

What Is The 401 K Contribution Limit For 2024. The 401 (k) contribution limit is $23,000 in 2024. This limit includes all elective employee salary deferrals and any contributions made to a designated roth.


What Is The 401 K Contribution Limit For 2024

The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

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