Maximum 401k Employer Match 2024

Maximum 401k Employer Match 2024. 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. However, there is a limit that applies to total contributions, meaning the sum of the employee.

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. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.