Compensation Limit For 401k 2024 Limit. The elective deferral limit under irc section 402(g) increased from $22,500 to $23,000 for. Here are some relevant amounts to be aware of:

For workers age 50 and up, the base limit was $76,500, which. There’s an individual 401(k) contribution limit and an aggregate one, including your and your employer’s contributions.