2024 Max 401k Deduction In India. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The budget 2024 has increased the tax deduction limit on employer nps contributions from 10% to 14%, aligning private sector employees with government.

401 (k) contribution limits for 2024. 401 (k) contribution limits for 2024.