2024 Max 401k Contribution Employer Match . The contribution limits for individual. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.
Employer 401(k) matching doesn’t apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $345,000 in 2024.
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