401k Limits 2024 Include Employer Match Bonus . If your plan provides for matching contributions, you must follow the plan’s match formula. Contributions to 401 (k)s can be automatically deducted from your.
Employers must make a matching contribution of a maximum of 3% of a worker’s salary or a nonelective contribution worth 2% of each participating employee’s. In 2024, your employees’ 401 (k) contribution limits will increase to $23,000, up from $22,500 in 2023.
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