2024 401k Limits And Catch Up Limits. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. 401 (k) contribution limits for 2024.

The irs limits how much employees and employers can contribute to a 401 (k) each year. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.