Compensation Limit For 401k 2024 Over 50 , Compensation Limit For 401k 2024 Over 50. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The 401(k) compensation limit is $345,000. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. This amount is up modestly from 2023, when the individual. Compensation Limit For 401k 2024 Over 50 Images References : 2024
Compensation Limit For 401k 2024 Over 50. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The 401(k) compensation limit is $345,000. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. This amount is up modestly from 2023, when the individual.