2024 Maximum 401k Contribution Employer Match

2024 Maximum 401k Contribution Employer Match. Employer 401 (k) matching doesn't apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for. 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).

For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50.