2024 401k Contribution Limits 2024 Employer Match. Learn how employer matches affect employee 401(k) contribution limits. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025.

This is an increase from the 2023 limit of $22,500. Employer 401 (k) matching doesn’t apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for.