Max 401k Contribution 2024 Including Employer Contribution

Max 401k Contribution 2024 Including Employer Contribution. Employers can contribute to employee. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

However, there is a limit that. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.