2024 401k Max Contribution Rates . This amount is an increase of $500 from. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023 to $345,000 in.
Some retirement plans have lower limits, so check the details of your allowable contributions. The 401(k) contribution limit for 2024 is $23,000.
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