401k Limits 2024 Include Employer Match. The 401(k) contribution limit for 2024 is $23,000 for employee salary deferrals, and $69,000 for the combined employee and employer contributions. The employer can match the employee contribution, as long as it doesn’t exceed the separate $69,000.

Typically, a 401 (k) plan may offer an employer match of 50 cents on the dollar, up to 6 percent of a worker’s salary, which would be the equivalent of 3 percent of compensation. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 for employee and employer contributions combined.