401k Max Contribution 2024 Employer. Employer matches don’t count toward this limit. The irs sets a limit on how much can be put into this plan every year, also known as an annual 401(k) contribution limit.

The 401(k) contribution limit is $23,000. Employer 401 (k) matching doesn’t apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for.