2024 Max 401k Contribution Employer Match Limit. If your plan specifies that salary deferrals be based on a participant’s first $280,000 of compensation, then you must stop allowing mary to make salary deferrals when. 2025 is also the first year that a new, higher.

Employer 401(k) matching doesn’t apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. The 2023 individual 401(k) contribution limit is $22,500, up $2,000 from 2022.