401k Max Contribution 2024 Employer Match . The 401 (k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. Those 50 and older can contribute an additional $7,500.
Employers must make a matching contribution of a maximum of 3% of a worker’s salary or a nonelective contribution worth 2% of each participating employee’s. The 401(k) contribution limit for 2024 is $23,000.
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