Maximum 401k Contribution 2024 Employer Contribution Limit. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. This amount is an increase of.
The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. Employer 401(k) matching doesn’t apply toward the 401(k) contribution limit, but there is a higher limit to watch our for.