2024 Max 401k Employee Contribution Amount. Those 50 and older can contribute an additional. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. In 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.
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