2024 Max 401k Contribution Limits Catch Up 2020. The limit on total employer and employee contributions for 2023 was $66,000. For 2025, the annual employee contribution limit for 401 (k) plans is set to increase from $23,000 in 2024 to a record high of $23,500.


2024 Max 401k Contribution Limits Catch Up 2020

This means that your total 401(k) contribution limit for 2024 is $30,500. Here’s what you need to know for 2024:

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