401k 2024 Employer Contribution Limit Irs . Deferred compensation limits for workers ages 50 and older. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
An employee can contribute $23,000 in 2024 and an additional $7,500 for those who are age 50 and over. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.
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