Maximum Contributions 401k 2024 Employer. The overall 401 (k) limits for employee and employer. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The overall 401 (k) limits for employee and employer.