Tammy Fiorenze

2024 401k Limits And Matching Amount.  — as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.  — the 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023’s limit.

And the total annual contribution amount (employee plus.  — in 2024, your employees’ 401(k) contribution limits will increase to $23,000, up from $22,500 in 2023.