2024 401 K Limits Employer Match. A distribution is the technical term for when money is withdrawn from a. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.
In 2024, your employees’ 401 (k) contribution limits will increase to $23,000, up from $22,500 in 2023. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.