401k Contribution Limits 2024 Employer Matching 2024 . Your plan requires a match of 50% on salary. 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 total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. Contributions to 401 (k)s can be automatically deducted from your paycheck.
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