2024 401k Limits Chart With Employer Match. The contribution limits for individual retirement accounts (iras). Note that any employer match doesn't count toward an individual's 401 (k) annual contribution limit ($23,000 in 2024 or $30,500 for those 50 and up).
Your plan requires a match of 50% on salary. Employers can only use the first $345,000 of compensation to determine your.