2024 Maximum 401k Contribution Employer Match Plan

2024 Maximum 401k Contribution Employer Match Plan.  — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).  — for 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Refers to contributions your employer makes to your retirement plan account if you contribute to the plan from your salary.  — the 401 (k) contribution limit for 2024 is $23,000.