401k Contribution Limits 2024 Catch Up Total Assets

401k Contribution Limits 2024 Catch Up Total Assets. Our website will automatically account for the contribution limit depending on an employee's age. This means that your total 401 (k) contribution limit for 2024 is $30,500.

According to the irs, for 2024 the 401k contribution limit is $23,000 (this an increase from the 2023 401k contribution limits of $22,500). Make a nonelective contribution equal to 2% of the employee’s wages.