Nan Norrie

401k Contribution Limits 2024 Employer Match. This means that, on average, companies will match 4.7% of an employee’s salary toward their retirement. The irs has announced the 2025 contribution limits for 401 (k) and iras.

The maximum amount of salary that an employee can defer to a 401 (k) plan, whether traditional or roth, is $23,500 in 2025, up from $23,000 in 2024. Starting in 2025, employees can sock away up to $23,500 in their 401 (k)s.