Flory Jilleen

Maximum 401k Matching 2024

The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is. In 2023, total 401 (k).

In 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less. Simple 401(k) plan contributions max out at $16,000 for the 2024 tax year.