401k Matching Contribution Limits 2024 . — in 2024, the irs has increased the standard employee contribution limit for 401 (k) plans to $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.
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. Your contributions also can’t exceed 100% of your total salary.
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2024 401k Contribution Limit Employer Match Aubine Carroll , — employer matching contributions do not count toward the $23,000 401(k) contribution limit in 2024.
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