401k Annual Limit 2024 Employer Match. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Annual limits for an employer’s 401(k) match.

The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50. 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.