2024 401k Contribution Limits For Simple 401k. Employer matches don’t count toward this limit. The additional contribution amount is $3,500 in 2023.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.