401k Limits 2024 Employer Match . Employers may opt for a safe harbor 401 (k) plans to simplify administration and ensure compliance with nondiscrimination testing. For 2024, the maximum 401(k) contribution limit is $23,000 for individuals under the age of 50.
The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. In 2024, 401(k) plans max out at $23,000 for workers under 50 and $30,500 for those 50 and older.
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