401k Max Contribution 2024 Employer Match . 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. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
There are separate limits for how much you can contribute as an employee and how much you and your employer can. Contributions to 401 (k)s can be automatically deducted from your paycheck.
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