401k Max Contribution 2024 Ee And Er

401k Max Contribution 2024 Ee And Er. The total amount of contributions (employee and employer) that can be contributed to a 401 (k) or like defined contribution plan increases to the lesser of. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.

The contribution limits for roth 401(k)s are the same as for traditional 401k(s): The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.