2024 401k Contribution Catch Up Limit. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.

The base contribution limit will increase from $23,000 in 2024 to $23,500 in 2025. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from.