401k Max Contribution 2024 Catch-Up

401k Max Contribution 2024 Catch-Up.  — the 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,.

If you are 50 or older, you can defer paying income tax on $30,000 in your 401(k) plan.  — for 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.