2024 401k Maximum Compensation. Plan participants can contribute up to $23,000 for 2024, which is up. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).


2024 401k Maximum Compensation

The 401(k) contribution limit for 2024 is $23,000. 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.

2024 401k Maximum Compensation Images References :