401k Maximum Contribution 2024 Plus Catch Up Limit. The 401 (k) contribution limit is $23,000 in 2024. 401 (k) contribution limits in 2023 and 2024.
Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.