401k Limit 2024 69000. — employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;
But there’s another limit, $69,000, including. — for 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.
401k Limit 2024 69000 Images References :
