Max 401k Contribution 2024 Including Employer Naukri

Max 401k Contribution 2024 Including Employer Naukri. For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401 (k) plan, whether through 401 (k). Those 50 and over can contribute an additional $3,500 for a maximum contribution of.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Those 50 and over can contribute an additional $3,500 for a maximum contribution of.