401k Contribution Limits 2024 Employer Matching 2024 . Participants aged 50 years or older can contribute an additional $7,500 in. When most people think of 401(k) contribution limits, they are thinking of the elective deferral limit, which is $23,000 for 2024 ($22,500 in 2023).
The 401 (k) contribution limit is $23,000. The combined limit per year that employees and employers can contribute is:
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401k Contribution Limits 2024 Employer Matching 2024 Carla Cosette , This limit is per employer.
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401 K Plan Contribution Limits 2024 Employer Match Lilla Patrice , The limit for employee contributions to a 401(k) in 2024 is $23,000 for those under 50.
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