Maximum Company Match 401k 2024. Matching 401 (k) contributions are the additional contributions made by employers, on top of the contributions made by employees. However, your company can only match you up to 5% of $345,000, the maximum employee compensation limit for 2024.
Setting the default savings rate equal to the maximum match rate (e.g. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
