Employer 401k Match Limit 2024. Put simply, a 401 (k) match program is essentially free money for employees. The contribution limit on 401(k) plans in 2024 is $23,000, with workers 50 and older allowed to set aside an additional $7,500 to catch up on retirement planning.
The irs has released the 401 (k) contribution limits for the year 2024. For tax year 2024 (filed by april 2025), the limit is $23,000.