401k Limit 2024 Employer Contribution. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Those 50 and over can contribute an additional $3,500 for a maximum contribution of.
The 401 (k) contribution limit is $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
About the author