Eddy Lisette

401k Max 2024 Employer Contribution Plan. In 2023, total 401 (k) contributions are capped at $66,000 or 100% of the employee’s compensation, whichever is less. The rates have increased so make sure you're maxing out your contributions

(for 2023, those numbers are $22,500 and $30,000,. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.