401k Max Contribution 2024 Employer Match Employer Match

401k Max Contribution 2024 Employer Match Employer Match. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Even better, many companies that offer a 401 (k) plan also offer a matching contribution, meaning if you contribute to your 401 (k) plan, your employer will match it, usually.

The income limits for the saver’s credit will increase to. Employees who are 50 and older qualify to contribute an extra $7,500 a year.