2024 401k Catch Up Contribution Limits 2024 Employer Match

2024 401k Catch Up Contribution Limits 2024 Employer Match. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Employer 401 (k) matching doesn't apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for.

Employer matching contributions do not count toward the $23,000 401 (k) contribution limit in 2024. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.