401k Contribution Limits 2024 Employer . For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.
However, there is a limit that applies to total contributions, meaning the sum of the. In 2024, the combined contribution limit is increasing to $69,000, up from $66,000 in 2023.
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