Irs 401k Employer Contribution Limits 2024

Irs 401k Employer Contribution Limits 2024.  — the limit for combined contributions made by employers and employees cannot exceed the lesser of 100% of an employee's compensation or $69,000 in 2024, up from $66,000 in 2023. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;

 — for 2024 you may contribute up to $23,000 to your employer’s 401 (k) plan. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;