401k Limit 2024 69000 Contribution. The limit on total employer and employee contributions for 2024 was $69,000 or 100% of employee compensation, whichever was less. For workers age 50 and up, the base.
The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.