2024 Max 401k Contribution Employer Matching

2024 Max 401k Contribution Employer Matching. The announcement of the 401k contribution limits for 2025 is anticipated to follow the same pattern and you can expect these updates by the irs in mid to late. The internal revenue service sets the maximum amount you and your employer can contribute to your 401(k), and that number increases in 2024.

For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. Employee and employer match 401(k) contribution limits for 2024.