401k Contributions 2024 Max. Employees 50 or older can. This is again up from $66,000 in 2023.


401k Contributions 2024 Max

The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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