What Is The Annual Compensation Limit For 401k For 2024. For 2024, it has risen to $69,000. The annual 401(k) contribution limit for 2024.
To max out your 401(k) with a contribution limit of $23,000 in 2024, here’s how much you’d need to save based on different paycheck periods: The 401(a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023.