2024 401 K Contribution Limit. What are the 401(k) contribution limits for 2024? For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023).

Employees can contribute up to $22,500, up from $22,000 in 2023. Use our calculator to estimate your future balance.