Irs 401k Limits 2024 And Employer Matching

Irs 401k Limits 2024 And Employer Matching. In 2024, your employees’ 401 (k) contribution limits will increase to $23,000, up from $22,500 in 2023. Employee employer combined 401k limits 2024 mommy odette, the irs allows a maximum contribution per taxpayer of $66,000 for 2023 and $69,000 for 2024 to a.

The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. In addition to your own contribution via salary deferral, your employer might offer matching contributions to your 401 (k) account.