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Irs 401k Annual Compensation Limit 2024

Irs 401k Annual Compensation Limit 2024. Highlights of changes for 2024. For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000.


Irs 401k Annual Compensation Limit 2024

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; This amount is an increase of $500 from the 2023 401 (k).

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