401k Maximum Contribution 2024 Employer Matching 2024

401k Maximum Contribution 2024 Employer Matching 2024. To put it simply, the answer is “no.” an employer matching contribution does not count towards the maximum contribution limit amount. If you take home more than the maximum.

The maximum an employer can contribute to an employee’s 401(k) account in 2024 is $46,000 if they are under 50. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.