401k Contributions 2024 Max. Some retirement plans have lower limits, so check the details of your allowable contributions. The average 401(k) match is between 4% and 6% of pay, according to investment platform.

The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k).