Max 401k Contribution 2024 And Catch Up Time. The 401(k) compensation limit is $345,000. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that.
There are annual limits to how much you can contribute to your 401 (k). Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.