401k Max Contribution 2024 Employer Match 2024

401k Max Contribution 2024 Employer Match 2024. This is always 5x the maximum 401 (k) plan total contribution limit. Thankfully, employer matches do not count toward the 401 (k) elective deferral contribution limit.

For those 50 or older, the limit is $30,500. Employer 401(k) matching doesn’t apply toward the 401(k) contribution limit, but there is a higher limit to watch our for.