2024 401k Contribution Limit Catch Up . The contribution limits for individual retirement accounts (iras) also increases. 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. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.
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