2024 401k Limits And Matching Contributions

2024 401k Limits And Matching Contributions. Here's how the 401(k) plan limits will change in 2024: For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.


2024 401k Limits And Matching Contributions

In 2024, your employees’ 401 (k) contribution limits will increase to $23,000, up from $22,500 in 2023. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.

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