401k Contribution Limits 2024 Employer Matching 2024

401k Contribution Limits 2024 Employer Matching 2024. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. And the total annual contribution amount (employee plus.


401k Contribution Limits 2024 Employer Matching 2024

For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401(k) plan, whether through 401(k) matching or by direct contribution. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.

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