401k Max Contribution 2024 Employer Match. There are separate limits for how much you can contribute as an employee and how much you and your employer can. The contribution limit on 401(k) plans in 2024 is $23,000, with workers 50 and older allowed to set aside an additional $7,500 to catch up on retirement planning.

For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The contribution limit on 401(k) plans in 2024 is $23,000, with workers 50 and older allowed to set aside an additional $7,500 to catch up on retirement planning.