2024 401 K Contributions Limits. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. What is the 401 (k) contribution limit in 2024?
For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).