401k Contribution Limits 2024 Over 50 Years . Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. For 2024, an employee can contribute a maximum of $23,000 and the employer can contribute a maximum of $46,000 for a total of $69,000.
This means that your total 401(k) contribution limit for 2024 is. The irs sets a limit on how much can be put into a 401(k) plan every year, also known as an annual contribution limit.
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