401k Contribution Limits 2024 Employer Match Limit

401k Contribution Limits 2024 Employer Match Limit. The 2024 limit on 401 (k) contributions is $23,000, or $30,500 for people 50 and older. Employer 401(k) matching doesn't apply toward the 401(k) contribution limit, but there is a higher limit to watch our for.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.