2024 401k Limits And Matching. Simple 401 (k) plan contributions max out at $16,000 for the 2024 tax year. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


2024 401k Limits And Matching

In 2024, your employees’ 401(k) contribution limits will increase to $23,000, up from $22,500 in 2023. Matching contributions are a big, expensive feature of the 401 (k) system.

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