401k Maximum Contribution 2024 Employer Match Contribution

401k Maximum Contribution 2024 Employer Match Contribution. Employer matches don’t count toward this limit. If your plan provides for matching contributions, you must follow the plan’s match formula.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). For simple 401 (k) plans, the total annual contribution limit varies per company.