401k Contribution Limits 2024 Employer Match Fund . Employer matches don’t count toward this limit and can be quite generous. You can contribute up to $23,000 in 2024, plus an additional $7,000 if you are age 50 or older.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. It is now worth $1 million.
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401k Contribution Limits And Limits (Annual Guide) , That's because it's limited by the $345,000 compensation limit for 2024.
