401k Contribution Limits 2024 Employer Match

401k Contribution Limits 2024 Employer Match. The limit for combined contributions made by employers and employees cannot exceed the lesser of 100% of an employee's compensation or $69,000 in 2024,. Be sure to take advantage.

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. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.