401k Contribution Limits 2024 Catch Up Total Contribution Limit. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. A key difference between an ira and a 401(k) account is this:
The total contribution limit, including employer contributions, is $69,000 for employees under. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.