401k Contribution Limits 2024 Employer . The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. The 401(k) contribution limit is $23,000.
The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
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401k Contribution Limits 2024 With Employer Match Kaile Marilee , If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits.
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