401k Contribution Limits 2024 Employer

401k Contribution Limits 2024 Employer. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. Single or head of household:

Employers could, for example, cap the match at $2,500, so that all workers — regardless of income — would have a chance at receiving the same maximum employer. Deferred compensation limits for workers ages 50 and older.