401k 2024 Compensation Limits. This limit includes all elective employee salary deferrals and any contributions made to a designated roth account. The income limits for the saver's credit will increase to $38,250 for individuals and $76,500 for couples.
For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.