What Is The Maximum 401k Contribution 2024. The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023). The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties.
Those 50 and older can contribute an additional $7,500. Here’s what you need to know about that maximum, employer matches and how much you should contribute.
What Is The Maximum 401k Contribution 2024 Images References :
