401k Matching Contribution Limits 2024. In 2024, your employees’ 401(k) contribution limits will increase to $23,000, up from $22,500 in 2023. The 401(k) contribution limit for 2024 is $23,000.
Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
