401k Limits 2024 Employer Match 2024

401k Limits 2024 Employer Match 2024. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Based on the contributions limits for 2024, an employee can generally contribute up to $23,000 toward their 401 (k).

That’s a $500 jump from the $23,000 limit in 2024. If you contributed to multiple employer retirement savings plans in 2024, you are required to confirm if you have contributed over the annual irs limits.