401k 2024 Limit
401k 2024 Limit. For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000. The total contribution limit for 401 (a) defined contribution plans under section 415 (c) (1) (a) increased from $66,000 to $69,000 for 2024. You can contribute to more than one 401(k) plan. The basic employee contribution […]