401k Max Contribution 2024 Calculator Employer Match

401k Max Contribution 2024 Calculator Employer Match. Matching 401 (k) contributions are the additional contributions made by employers, on top of the contributions made by employees. Simple 401 (k) plan contributions max out at $16,000 for the 2024 tax year.

These matches are made on a percentage. Second, many employers provide matching contributions to your account, which can range from 0% to 100% of your contributions.