401k Limit 2024. Employer matches don’t count toward this limit and can be. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.
The maximum amount you can contribute to a roth 401(k) for 2024 is $23,000 if you’re younger than age 50. Employees can now defer up to $23,000 into 401 (k) plans for 2024, with an extra $7,500 for workers age 50 and older.