2024 401k Employer Contribution Limits 2024 . As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is $69,000 in 2024, up from $66,000 in 2023. Workplace retirement plan contribution limits for 2024.
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