2024 401k Limits And Matching 2024. In 2024, your employees’ 401(k) contribution limits will increase to $23,000, up. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000. The 401k contribution limits for the year 2025 are expected to see many.