Max 401k Catch Up Contribution 2024 Employer Match

Max 401k Catch Up Contribution 2024 Employer Match. Employer 401(k) matching doesn't apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. 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.

For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. This is in addition to the standard employee contribution limit, meaning that if you are 50 or older, you could.