2024 401k Contribution Limits Chart With Employer Match

2024 401k Contribution Limits Chart With Employer Match. Employee and employer match 401(k) contribution limits for 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.

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). The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).