Max 401k Contribution Amount 2024 . In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.
In 2024, those amounts are $7,000 and $8,000, respectively. Deferred compensation limits for workers ages 50 and older.
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