2024 401k Limits And Matching Amount
2024 401k Limits And Matching Amount. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. Here's how the 401(k) plan limits will change in 2024:
In 2023, this rises to $22,500. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.