2024 Max 401k Contribution Irs , 2024 Max 401k Contribution Irs. 401(k) contribution limits in 2024 and 2025. The combined limit for employee and employer contributions is $69,000. That means you can contribute $7,000. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021. 2024 Max 401k Contribution Irs Images References : 2024
2024 Max 401k Contribution Irs. 401(k) contribution limits in 2024 and 2025. The combined limit for employee and employer contributions is $69,000. That means you can contribute $7,000. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021.