401k Limits 2024 Employer . Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. Here’s how the 401(k) plan limits will change in 2024:
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