Irs 401k Limits 2024 Include Employer Match. Your employer match will only be $17,250, though, instead of the full $25,000, or 5%. A qslp match may apply to a 401(k) plan, a 403(b) plan, a simple ira plan, or a governmental section 457(b) plan.

Employer matching contributions are a 100% match on the first 3% of compensation plus a 50% match on deferrals between 3% and 5% (4% of total compensation). Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.