401k Maximum Contribution 2024 Calculator Over 50 . — the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. — as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.
The 401(k) compensation limit is $345,000. The annual maximum for 2024 is $23,000.
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