401k Contribution Limits 2024 Employer Matchup

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401k Contribution Limits 2024 Employer Matchup. If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.


401k Contribution Limits 2024 Employer Matchup

It’s similar to a private company 401k in terms of tax benefits, contribution limits, etc. You can contribute up to $23,000 in 2024, plus an additional $7,000 if you are age 50 or older.

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