401k Max Contribution 2024 Employer Match 2024 . For 2024, if you're under 50 years old, the limit is $23,000. We explain what an hce is and how to get around these limits.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. Use our calculator to estimate your future balance.
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401k Max 2024 Employer Contribution Plan Eddy Lisette , The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).
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401k Contribution Limits 2024 Employer Matchup Sammy Sigrid , Note that any employer match doesn't count toward an individual's 401 (k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up).
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Max 401k Employer Match 2024 Andie Blanche , Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
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401k Max Contribution 2024 Include Employer Match Korry Mildrid , Highly compensated employees (hces) may face special restrictions on 401 (k) contributions.