401k Matching Contribution Limits 2024
In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Your contributions also can’t exceed 100% of your total salary.
In 2024, the total amount you can contribute to your 401 (k), including matching contributions, is $69,000. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
401k Matching Contribution Limits 2024 Images References :
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Guide to 401(k) Contribution Limits and Employer Match for 2024 , The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.