401k Contribution Limits 2024 Employer Match

401k Contribution Limits 2024 Employer Match. When your employer matches your 401(k) contributions, the match doesn’t count toward your own limits. Matching contributions are the most common type of employer contribution.

You can ask your employer if they offer an employer. Typically, a 401 (k) plan may offer an employer match of 50 cents on the dollar, up to 6 percent of a worker’s salary, which would be the equivalent of 3 percent of compensation.