Irs 401k Match Limit 2024. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).
This is the maximum that you can contribute as an employee. The employer may match a portion of the employee’s contribution.