Employer 401k Match Limit 2024 . Matching 401 (k) contributions are the additional contributions made by employers, on top of the contributions made by employees. In 2024, your employees’ 401 (k) contribution limits will increase to $23,000, up from $22,500 in 2023.
Your plan requires a match of 50% on salary deferrals that do not exceed 5% of compensation. You can contribute to more than one.
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