401k Contribution Limits 2024 Employer Match Plan

401k Contribution Limits 2024 Employer Match Plan. If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits. However, there is a limit that applies to total contributions, meaning the sum of the employee portion and employer match.

The overall 401 (k) limits. If you earn above the income limits to contribute directly to a roth ira,.