401k Max 2024 . The contribution limit will increase from $22,500 in 2023 to $23,000. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.
401 (k) contribution limits for 2024. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
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