2024 Highly Compensated Employee Limit Nepal. The adjustments to compensation for certain employees enrolled in a retirement plan are as follows:. In 2024, the 401 (k) contribution limits are $23,000, or $30,500 if you're 50 or older.

 — the updated limits for 2024, as compared to last year’s limits, are set forth in the charts below. For individuals aged 50 or older, their limit is.