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401k Maximum Contribution 2024 Pdf

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401k Maximum Contribution 2024 Pdf. 12% of their basic salary. In 2024, the limit for employee salary deferrals for 401 (k)s is $23,000 (up $500 from 2023.) workers.


401k Maximum Contribution 2024 Pdf

For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. The new retirement contribution and gift exemption limits for 2024 allow you.

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