2024 401k Limits And Matching , 2024 401k Limits And Matching. Although mary earned $360,000, your plan can only use up to $280,000 of her compensation when applying the matching. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. If your plan provides for matching contributions, you must follow the planโs match formula. The overall 401 (k) limits. 2024 401k Limits And Matching Images References : 2024
2024 401k Limits And Matching. Although mary earned $360,000, your plan can only use up to $280,000 of her compensation when applying the matching. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. If your plan provides for matching contributions, you must follow the planโs match formula. The overall 401 (k) limits.