2024 40k Limit Catch Up
2024 40k Limit Catch Up. This amount is an increase of $500. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. The 401(k) contribution limit is $23,000 in 2024.