401 K Plan Contribution Limits 2024 Employer Match

401 K Plan Contribution Limits 2024 Employer Match. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. 401k match limit 2024 amye madlen, 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.

Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The irs has released the 401(k) contribution limits for the year 2024.