What Is The Highly Compensated Limit 2024 . For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For example, in 2024, an employee must have earned at least $150,000 in 2023.
For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000. The limit for 2024 is $23,000.
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