2024 401k Contributions Max Employer Match . The irs has officially announced the 401k and ira contribution limits for the year 2024. 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.
But instead of matching that $23,000 (4% of $500,000 is $20,000),. You contribute $23,000—the maximum amount you’re allowed to put into your 401 (k) in 2024.
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