401k Contribution Limits 2024 Employer Match Limit

401k Contribution Limits 2024 Employer Match Limit. The irs on friday announced the annual contribution limits for qualified defined contribution plans and individual retirement accounts for the 2025 tax year. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401(k) plan, whether through 401(k) matching or by. You can contribute the full employee 401k contribution of $23,000 in 2024.