2024 Max 401k Contribution With Employer . Employee contribution limit for 2024. For tax year 2023 (filed by april 2024), the contribution limit is $22,500.
The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. If you contribute, say, $23,000 toward your 401(k) in 2024 and your employer adds $5,000, youโre still within the irs limits.
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What Is The 401k Limit For 2024 CatchUp Lisa Sheree , Those 50 and older can contribute an additional $7,500.