2024 401k Limits And Matching . Those 50 and over can contribute an additional. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.
In 2024, your employees’ 401(k) contribution limits will increase to $23,000, up from $22,500 in 2023. That’s an increase from the 2023 limit of $330,000.
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