401k Contribution Limits 2024 Company Match

401k Contribution Limits 2024 Company Match. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans. So, if you earn $100,000 and save 6%, or $6,000 in your 401(k), you’ll get a company match of $3,000.

However, your company can only match you up to 5% of $345,000, the maximum employee compensation limit for 2024. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.