401k Maximum Contribution 2024 Employer Match Contribution. Here's what you need to know about that maximum, employer matches and how much you should contribute. The internal revenue service sets the maximum amount you and your employer can contribute to your 401(k), and that number increases in 2024.

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.