401k Max Contribution 2024 Calculator Employer Match. Use a free paycheck calculator to. The irs caps the total contributions from you and your employer to a 401 (k) plan, but the employer match does not count toward your limit.
The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. Calculate how much you can save for retirement with a 401 (k) plan by entering your current balance, salary, contributions, rate of return and retirement age.