401k Max 2024 Employer Benefits

401k Max 2024 Employer Benefits. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000. For 2024, the most an employee under age 50 can contribute to a 401 (k) is $23,000.


401k Max 2024 Employer Benefits

Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. In 2024, the total combined contribution cap for 401 (k) plans is $69,000, or $76,500 for those eligible for catch.

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