401k Contribution Limits 2024 Employer Match Limit

401k Contribution Limits 2024 Employer Match Limit. The limit for contributions made by employers and employees combined can't exceed the lesser of 100% of an employee's compensation or $69,000 in 2024, increasing to $70,000 in 2025. The internal revenue service boosted the annual contribution limit for 401 (k)s, 403 (b)s, governmental 457 plans and the federal government’s thrift savings plan to $23,500, up.

The 401 (k) contribution boost for 2024. 401(k) contribution limits in 2024 and 2025 for 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.