Irs 401k Limits 2024 And Employer Matching. In 2023, total 401(k) contributions are capped at $66,000 or 100% of the employee’s compensation, whichever is less. Combined employer and employee contributions will likely have an overall limit of about $67,000.
$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; Secure act 2.0 introduces significant changes to 401(k) matching rules.