401k 2024 Employer Contribution Limit Irs

401k 2024 Employer Contribution Limit Irs. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. In 2023, total 401 (k) contributions are capped at $66,000 or 100% of the employee’s compensation, whichever is less.

 — the 401 (k) contribution limit for 2024 is $23,000. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.