2024 Maximum 401k Contribution Employer Match

2024 Maximum 401k Contribution Employer Match. And the total annual contribution amount (employee plus. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Note that any employer match doesn’t count toward an individual’s 401(k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up). The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50.