401k Matching Contribution Limits 2024

401k Matching Contribution Limits 2024. The contribution limit will increase from $22,500 in 2023 to $23,000.  — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).


401k Matching Contribution Limits 2024

 — in 2024, the irs has increased the standard employee contribution limit for 401 (k) plans to $23,000. 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.

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