401k Max 2024 Employer Contribution Rate

401k Max 2024 Employer Contribution Rate. Employer matches don’t count toward this limit and can be quite generous. You can contribute to more than one.


401k Max 2024 Employer Contribution Rate

 — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).  — in 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.

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