Alia Louise

Irs 401k Match Limit 2024.  — workers who contribute to a 401(k), 403(b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.  — 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.

 — for 2024, employees can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. According to vanguard, the average employer match is 4.6%.