Ibby Randee

Maximum 401k Employer Match 2024. If you contribute, say, $23,000 toward your 401(k) in 2024 and your employer adds $5,000, you’re still within the irs limits. The limit on employer and employee contributions is $69,000.

But instead of matching that $23,000 (4% of $500,000 is $20,000), your employer only contributes $13,800. The maximum an employer can contribute to an employee’s 401(k) account in 2024 is $46,000 if they are under 50.