2024 Maximum 401k Contribution Employer Match Contribution

2024 Maximum 401k Contribution Employer Match Contribution. Refers to contributions your employer makes to your retirement plan account if you contribute to the plan from your salary. The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).

For tax year 2024 (filed by april 2025), the limit is $23,000. So if you’re under 50 and you contribute the maximum $23,000 to your 401(k) in 2024, your employer is able to contribute a maximum of $46,000 on your behalf.