Max 401k Contribution 2024 Including Employer

Max 401k Contribution 2024 Including Employer. An employer can contribute up to 25% of their compensation. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.


Max 401k Contribution 2024 Including Employer

For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401 (k) plan, whether through 401 (k). For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.

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