2024 Max 401k Contribution Limits Employer Match. Let’s say you make $500,000 in 2024 and your company offers a 4% match on your 401(k) contributions. If your plan provides for matching contributions, you must follow the plan’s match formula.

Employer matches don’t count toward this limit and can be quite generous. Let’s say you make $500,000 in 2024 and your company offers a 4% match on your 401(k) contributions.