Alia Louise

2024 401k Maximum Employer Contribution.  — the total of all employee and employer contributions per employer will increase from $66,000 in 2023 to $69,000 in 2024 for those under 50.  — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).

 — however, nearly a quarter of 401(k) participants don’t save enough to max out that match, according to a 2024 vanguard study, and 13% save exactly enough to get the. You can contribute to more than.