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401k Limits 2024 Include Employer Match Contribution

401k Limits 2024 Include Employer Match Contribution. Employer matches don’t count toward this limit and can be quite generous. If your plan provides for matching contributions, you must follow the plan’s match formula.


401k Limits 2024 Include Employer Match Contribution

The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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