Highly Compensated 401k Limits 2024

Highly Compensated 401k Limits 2024. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people under age 50. In 2024, a 401k plan can choose.


Highly Compensated 401k Limits 2024

401 (k) contribution limits for 2023 and 2024 when most people think of 401 (k) contribution limits, they are thinking of the elective deferral limit, which is $23,000 for. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.

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