2024 Catch Up Contribution 401k Over 55 . The 401(k) compensation limit is $345,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The 401(k) compensation limit is $345,000.
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