Maximum Roth 401k Contribution 2024 Employer Match. Note that any employer match doesn't count toward an individual's 401(k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up). Employer 401(k) matching doesn't apply toward the 401(k) contribution limit, but there is a higher limit to watch our for.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Here is how it works and what you need to know.