401k Limit 2024 69000 Salary . For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. Participants who are 50+ can save an additional $7,500 in.
The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
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