2024 401k Annual Compensation Limit

2024 401k Annual Compensation Limit. In 2024, employers and employees together can. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.


2024 401k Annual Compensation Limit

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).

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