Irs 401k Limits 2024 And Employer Matching. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. For tax year 2023, the most you could contribute to a roth 401(k), a.
Here’s why you should update your account now, financial experts say. For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401 (k) plan, whether through 401 (k) matching or by direct contribution.