2024 Maximum 401k Contribution Employer Match

2024 Maximum 401k Contribution Employer Match. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). Here's what you need to know about that maximum, employer matches and how much you should contribute.

Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs. What is the maximum employer contribution to an employee’s account in 2024?