401k Limits 2024 Include Employer Matching. Employees will be able to sock away more money into their 401 (k)s next year. Here’s an example of a common 401 (k) matching formula:


401k Limits 2024 Include Employer Matching

The combined limit for employee and employer contributions is $69,000. Although mary earned $360,000, your plan can only use up to $280,000 of her compensation when applying the matching.

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