Max 401k Contribution 2024 Employer Match Over 50

Max 401k Contribution 2024 Employer Match Over 50. Employer 401(k) matching doesn't apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. Microsoft, google, and meta (facebook) all offer a very generous 50 percent employer match which can really add up if you are maxing out contributions year after year.

The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. In 2024, aggregate contributions can reach up to $69,000 if you are under 50 and $76,500 if you are 50 or older.