401k Max 2024 Employer Contribution Form

401k Max 2024 Employer Contribution Form. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). Employers engaged in a trade or business who pay compensation form 9465;