what are the 2024 401 k limits 
the 2024 contribution limit for 401 k s is 23 000 if you re under 50 years old if you re 50 or older you can contribute an additional 7 500 bringing the maximum up to 30 500 3the bottom lineemployers make nonelective contributions no matter how much employees contribute to the retirement plan this type of contribution which must be fully vested has tax and compliance advantages however it s not necessarily right for every employer 