401k Contribution Limits 2024 Employer And Employee

401k Contribution Limits 2024 Employer And Employee. The 401(k) contribution limit is $23,000. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).

Employer 401(k) matching doesn’t apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.