401k Contributions 2024 Limits . — as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The limit on total employer and employee contributions for 2023.
— the total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. — the contribution limit for 401(k), 403(b), thrift savings plans and most 457 plans will be $23,000 in 2024, rising from $22,500 in 2023.
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