401k Contribution Limits 2024 Catch Up Total Liabilities. The 401(k) compensation limit is $345,000. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. Understanding 401k contribution limits for 2024.