2024 401k Contribution Limits Catch Up Over 55 . The 401(k) compensation limit is $345,000. Those 50 and older can contribute more.
The limit on employer and employee contributions is $69,000. The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to $71,000,.
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