Employer Max Contribution 401k 2024

Employer Max Contribution 401k 2024. Those 50 and older can contribute an additional $7,500. However, there is a limit that applies to total contributions, meaning the sum of the employee portion and employer match.


Employer Max Contribution 401k 2024

Most people don’t max out their 401(k). Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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