401k Limit 2024 69000 Contribution. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Contributions to 401 (k)s can be automatically deducted from your.

For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. In 2024, you and your employer’s contributions to your 401 (k) can’t be more than $69,000, up from $66,000 in 2023.