401k Contribution Limits 2024 Employer Match Contribution. 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. Employee and employer match 401(k) contribution limits for 2024.

If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits. 401 (k) contribution limits for 2024.