Max 401k Contribution 2024 Including Employer Meaning
Max 401k Contribution 2024 Including Employer Meaning. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. The good news is that these limits do not include employer matches.
For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax season.
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