Lilas Hermine

401k 2024 Compensation Limits Employer Match. The maximum income an employer can match is $345,000 in. If an employer offers a 6% 401(k) match, it means the employer will match an employee’s 401(k) contribution of up to 6% of the employee’s annual compensation.

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. How much can an employer match 401(k) contributions?