Limit For 401k Contribution 2024 Employer Match. 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 from the. The limit on employer and employee contributions is.

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). Contributions to 401 (k)s can be automatically deducted from your paycheck.