Employee Contribution Limit 401k 2024. For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401 (k) plan, whether through 401 (k). The 401 (k) contribution limit is $23,000.


Employee Contribution Limit 401k 2024

The 401 (k) contribution limit 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.

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