2024 401k Limits Chart. — the total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.
— here’s a useful reference chart to help you remember these important limits and thresholds: Irs releases the qualified retirement plan limitations for 2024:
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