401k Max Contribution 2024 Employer Match. The 401 (k) contribution limit for 2024 is $23,000. For 2024, a 401 (k) participant filing single can contribute up to $23,000 (up from $22,500 in 2023).
These matches are made on a percentage basis, such as 25%, 50% or even 100% of the employee’s contribution amount, up to a limit of total employee compensation. Refers to contributions your employer makes to your retirement plan account if you contribute to the plan from your salary.