What Is The Maximum 401k Contribution 2024 In India
What Is The Maximum 401k Contribution 2024 In India. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Together, you and your employer can contribute a total of $69,000 in 2024, a $3,000 increase from 2023.
The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. Learn about types of 401(k) plans and how you can increase your limit.