Contribution Limit 401k 2024 Employer Match

Contribution Limit 401k 2024 Employer Match. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. Those 50 and older can contribute an additional $7,500.

The limit for contributions made by employers and employees combined cannot exceed the lesser of 100% of an employee’s compensation or $69,000 in 2024, up from $66,000 in 2023. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.