401k Contribution 2024 Catch Up 2024. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
Workers who contribute to a 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan can now contribute up to $23,000. If youโre looking to max out your retirement savings, youโll be happy to hear that the contribution limits have been bumped up by $500 for most retirement savings.
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