Salary Limit For 401k Match 2024

Salary Limit For 401k Match 2024. The limit on total employer and employee contributions for 2023 was. Deferred compensation limits for workers ages 50 and older.

Note that any employer match doesn’t count toward an individual’s 401 (k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up). The total contribution limit, which includes both employee and employer contributions, is set at $68,000 for those under 50.