401 K Contribution Limits 2024 Employer Match. Employer 401(k) matching doesn't apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. Employee and employer match 401(k) contribution limits for 2024.
Let’s say you make $500,000 in 2024 and your company offers a 4% match on your 401(k) contributions. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.