401k Contribution Limits 2024 Company Match . $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. However, your company can only match you up to 5% of $345,000, the maximum employee compensation limit for 2024.
In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up. Employer matching contributions do not count toward the $23,000 401 (k) contribution limit in 2024.
401k Contribution Limits 2024 Company Match Images References :
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401k Contribution Limits And Limits (Annual Guide) , Employees age 50 and older can also direct an additional $7,500 in โcatch.