2024 401k Max Catch Up . Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.
Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.
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