401k Contribution Limits 2024 Employer Match Employer Match

401k Contribution Limits 2024 Employer Match Employer Match. Some employers match a portion of their employees' 401 (k) contributions as an additional incentive. For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401 (k) plan, whether through 401 (k) matching or.

These contributions do not count against your elective deferral limit, but. So, if you contribute the limit of $23,000 in a year, your employer can still match those.