2024 Maximum 401k Contribution Employer Match. 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. The employee contribution limit in 2024 is.

The total employee and employer contribution limit into a 401(k) in 2024 is $69,000 ($76,500 if you’re age 50 or older). This additional allowance is designed to help older individuals boost their retirement savings.