Max 401k Contribution 2024 Employer Match Contribution

Max 401k Contribution 2024 Employer Match Contribution. For example, imagine your match is 3% and an employee makes $500,000. The limit is $23,000 in 2024 if you're younger than age 50, increasing to.

This is the maximum that you can contribute as an employee. If your plan provides for matching contributions, you must follow the plan’s match formula.