Does the 401k contribution limits include both my contribution AND my employer match or is it just my contribution?

[roblee3]

Not much else to it, just want to make sure I don’t go over.

[MarilynG1 · Accepted solution]

Just your contribution.

Here are the highlights:

• Annual employee contribution limit (2022): $20,500
• Additional catch-up contributions for those age 50 and older (2022): $6,500
• Income limits for contributions: None, but employee contributions can not exceed wages
• Matching contributions: Depends on your employer's plan

Here's more detailed info on Retirement Accounts. 

[dmertz]

In addition, the overall (section 415(c)) limit on additions to your 401(k) for 2022 is the lesser of your compensation for the year or $61,000.  If you are over age 50 in 2022, increase that by the $6,500 catch-up for elective deferrals.