401k Contributions 2024 Max Salary. 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. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
More people will be able to make contributions to roth. Employers can only use the first $345,000 of compensation to determine your 401(k).
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