What Is The 2024 Limit For 401k. Employers can only use the first $345,000 of compensation to determine your 401(k). The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
Employers can only use the first $345,000 of compensation to determine your 401(k). The 401(k) contribution limit for 2024 is $23,000.