401k 2024 Employer Contribution Limit Irs

401k 2024 Employer Contribution Limit Irs. 401(k) contribution limits in 2024 and 2025. Your plan requires a match of 50% on salary deferrals that do not exceed 5% of compensation.


401k 2024 Employer Contribution Limit Irs

This amount is an increase of $500 from the 2023 401. Although mary earned $360,000, your plan can only use up to $280,000 of her compensation when applying the matching.

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