What Is The Max 401k Contribution For 2024 With Match

What Is The Max 401k Contribution For 2024 With Match. Employer 401(k) matching doesn't apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. What is 401(k) matching and how does it work?

Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.