Maximum 401 K Contribution Limit 2024 Employer Match

Maximum 401 K Contribution Limit 2024 Employer Match. Employer matches don’t count toward this limit and can be quite generous. In 2024, your employees’ 401(k) contribution limits will increase to $23,000, up from $22,500 in 2023.

The 401(k) contribution limit is $23,000. If you contribute, say, $23,000 toward your 401(k) in 2024 and your employer adds $5,000, you’re still within the irs limits.