401k Contribution Limits 2024 Employer Match In India

401k Contribution Limits 2024 Employer Match In India. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. In addition to your own contribution via salary deferral, your employer might offer matching contributions to your 401 (k) account.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). However, you and your employer may not contribute more.