401k Limits 2024 Include Employer Match . 401(k) contribution limits and employer match for 2024. Your plan requires a match of 50% on salary deferrals that do not exceed 5% of compensation.
For example, employer contributions are highly concentrated, with 44% of dollars occurring to the top 20% of earners. In addition to your own contribution via salary deferral, your employer might offer matching contributions to your 401(k) account.
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401k Contribution Limits 2024 With Employer Match Kaile Marilee , And the total annual contribution amount (employee plus employer contribution) will increase to $69,000 from $66,000 in 2023.