What Is The Max 401k Contribution For 2024 With Match

What Is The Max 401k Contribution For 2024 With Match. And the total annual contribution amount (employee plus employer. Employers match 401(k) contributions by offering a matching contribution based on a specific percentage of the employee's contributions or their salary up to a specified limit.

In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.