401k Contribution Limits 2024 Catch Up Total Revenue

401k Contribution Limits 2024 Catch Up Total Revenue. The 401(k) compensation limit is $345,000. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.

This means that your total 401(k) contribution limit for 2024 is. 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.