Annual 401k Contribution Limit 2024 Employer Match

Annual 401k Contribution Limit 2024 Employer Match. The limit for contributions made by employers and employees combined cannot exceed the lesser of 100% of an employee's compensation or $69,000 in 2024,. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.