401k Max Contribution 2024 Employer Match Contribution. If your plan provides for matching contributions, you must follow the plan’s match formula. There are separate limits for how much you can contribute as an employee and how much you and your employer can.
This amount is up modestly from 2023, when the individual 401 (k) contribution limit. Employees’ 401 (k) contribution limits will increase to $23,000 for 2024.