2024 401k Max Limited . Employers can only use the first $345,000 of compensation to determine your 401 (k) match. The employee deferral limit increased by $500 and the total combined.
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. 401 (k) contribution limits for 2024.
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2024 401k Maximum Contribution Limits Nomi Tessie , The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023 to $345,000 in.
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