401k Contribution Limits 2024 Over 50 Married. Highly compensated employees (hces) may face special restrictions on 401 (k) contributions. Workplace retirement plan contribution limits for 2024.
The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The income limit for taking a full deduction for your contribution to a traditional ira while participating in a workplace retirement plan in 2024 is $77,000 for.