Maximum 401k Contribution 2024 Employer

Maximum 401k Contribution 2024 Employer. 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. Here's what you need to know about that maximum, employer matches and how much you should contribute.

For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. The ira catch‑up contribution limit for individuals aged 50.