2024 401k Contribution Limits Chart Employer. For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023). For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000.
The 401 (k) contribution limit for 2024 is $23,000. For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023).