401k Max Contribution 2024 Employer Tax . Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50. You can contribute to more than one.
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