401k Matching Contribution Limits 2024. 401 (k) contribution limits for 2024. The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50.

The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. Many companies offer matching contributions, meaning an employer contribution is made to match the employee contribution up to a certain limit.