2024 401k Limits And Matching Bonus. The irs released 401(k) and ira contribution limits for 2024. Employer matches don’t count toward this limit and can be quite generous.

The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.