Max 401k Contribution 2024 Including Employee Benefits

Max 401k Contribution 2024 Including Employee Benefits. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

The dollar limitation for catch. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs.