Compensation Limit For 401k 2024. 401(k) contribution limits in 2024 and 2025. The 401(k) compensation limit is $345,000.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. Workplace retirement plan contribution limits for 2024.