401k Contribution Limits 2024 Catch Up Total Sales . The irs has increased the contribution limits for the tax year 2024. Additionally, starting in 2025, plans may.
The total amount that can be contributed to your 401 (k), also known as the 415 (c) limit, inclusive of both your own paycheck deferrals and any employer contributions, is $61,000 in 2022. Total contributions cannot exceed 100% of an employee’s annual compensation.
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