Maximum Contributions 401k 2024 Employer Match
Maximum Contributions 401k 2024 Employer Match . Please note that the information provided in the table is for the 2024 tax year. If your plan provides for matching contributions, you must follow the plan’s match formula.
The maximum an employer can contribute to an employee’s 401(k) account in 2024 is $46,000 if they are under 50. In 2024, your employees’ 401(k) contribution limits will increase to $23,000, up from $22,500 in 2023.
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