What Is The Limit On 401k Contributions 2024. Employers can only use the first $345,000 of compensation to determine your 401(k). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.


What Is The Limit On 401k Contributions 2024

The 401(k) contribution limit is $23,000. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.

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