Maximum 401k Matching 2024

Maximum 401k Matching 2024. 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. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

That’s an increase from the 2023 limit of $330,000. In 2024, employees can contribute up to $23,000 in their traditional and roth 401 (k).