Maximum 401k Employee Contribution 2024 . The 401(k) contribution limit is $23,000. The 401(k) contribution limit for 2024 is $23,000.
The maximum contribution to a sep ira is $66,000 in 2023 (increasing to $69,000 in 2024). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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