401k Limits 2024 Include Employer Match Fund . Employer contributions, including matching contributions, count toward the total contribution limit for 401 (k)s, which is the combined limit for both employee and. The good news is that these limits do not include employer matches.
For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023). Employers must make a matching contribution of a maximum of 3% of a worker’s salary or a nonelective contribution worth 2% of each participating employee’s.
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