401k Max 2024 Limit Uk

401k Max 2024 Limit Uk. This is an increase of $500 from the 2020 limit of $19,000. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. This is an increase of $500 from the 2020 limit of $19,000.