What Is The 401k Limit 2024 . — for instance, you can contribute up to $23,000 to a 401 (k) by the last business day of 2024. — 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.
Employers can only use the first $345,000 of compensation to determine your 401(k) match. This amount is up modestly from 2023, when the individual.
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