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401k Max Contribution 2024 Employer Match Contribution. So if you're under 50 and you contribute the maximum $23,000 to your 401(k) in 2024, your employer is able to contribute a maximum of $46,000 on your behalf. Many employers offer a 50% match, up to a certain percentage of your salary.

By comparison, in 2024, for an employee under age 50, the maximum an employer can contribute is $46,000. Based on these limits, $345,000 is the maximum annual salary you can use to calculate an employer match in 2024.