2024 Maximum 401k Contribution Amount Per Year

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2024 Maximum 401k Contribution Amount Per Year

2024 Maximum 401k Contribution Amount Per Year. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. At most, you can contribute the lesser of these amounts per employee:


2024 Maximum 401k Contribution Amount Per Year

The 401 (k) contribution limits in 2024 have increased for employees to $23,000. This amount is up modestly from 2023, when the individual.

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