401k Catch Up 2024 Calculator Employer Match. High earners may need a strategy for getting the most from their employer. Because of the tax advantages 401 (k) plans provide, the government does limit how much you can contribute to your plan through elective salary deferrals—which are contributions from your.

Specific terms of 401(k) matching can vary widely. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.