401k Limit 2024 69000 Per Year
401k Limit 2024 69000 Per Year. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
Irs releases 2024 retirement plan limitations. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.