Maximum Employer 401k Match 2024

Maximum Employer 401k Match 2024. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. 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.

And the total annual contribution amount (employee plus. For 2024, you can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for savers age 50 and older.