401k Contribution Limits 2024 Catch Up Over 50. The limit on employer and employee contributions is $69,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
This means that your total 401(k) contribution limit for 2024 is. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.
