Employee 401k Limit 2024

Employee 401k Limit 2024. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. For 2024, the annual limit on employee contributions to a 401 (k) is $23,000 for workers under age 50.


Employee 401k Limit 2024

(in 2023, it’s $330,000 in 2023.) an example of how. However, there is a limit that applies to total contributions, meaning the sum of the employee portion and employer match.

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