Max 401k Employer Match 2024. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Share retirement plan administration just got more complicated for 2025.

Employer contributions affect 401(k) contribution limit for the aggregate limit, which is the combined limit for employee and employer contributions. Aligning your 401(k) match with industry averages or offering higher contribution rates can help your company attract job candidates and improve retention.