401k Limit 2024 Combined Catch Up

401k Limit 2024 Combined Catch Up. Total contributions cannot exceed 100% of an employee’s annual compensation. The contribution limit for simple 401(k)s is $16,000 (up to $19,500 if you're 50 or older).


401k Limit 2024 Combined Catch Up

In 2024, the irs allows you to contribute up to $23,000 to your 401 (k) plan, up from The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023.

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