401 K Catch Up Contribution Limits 2024 Employer Match

401 K Catch Up Contribution Limits 2024 Employer Match. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Employer 401 (k) matching doesn't apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for.

The 401 (k) contribution limit is $23,000. If you’re 50 or older, the limit is $8,000.