401k Contribution Limit 2024 Employer Match

401k Contribution Limit 2024 Employer Match. Note that any employer match doesn't count toward an individual's 401(k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up). Employees can defer $23,500 into workplace plans, a modest increase from $23,000 in 2024.

For 2024, if you’re under 50 years old, the limit is $23,000. There’s also a $7,500 catch.