Max 401k Contribution 2024 Employer Contribution

Max 401k Contribution 2024 Employer Contribution. Simple 401(k) plan contributions max out at $16,500 for the 2025 tax year, up from $16,000 in 2024. Catch up contributions for individuals.

What is 401(k) matching and how does it work? For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.