2024 401k Contributions Limit Employer Match

2024 401k Contributions Limit Employer Match. Here’s an example of a common 401(k). Note that any employer match doesn't count toward an individual's 401 (k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up).

 — starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. For those 50 or older, the limit is $30,500.