What Is The Maximum 401k Contribution 2024 Employer. The overall 401 (k) limits for employee and employer. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Deferred compensation limits for workers ages 50 and older. For 2024 you may contribute up to $23,000 to your employer’s 401 (k) plan.