401k Contribution Limit 2024 Catch Up Date. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For 2023, the limit is $22,500.
If you are 50 or older, you can defer paying income tax on $30,000 in your 401. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.
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