401k Limit 2024 Employer Contribution. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. This amount is an increase of.
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.