401k Max 2024 Employer Contributions 2024. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The 401 (k) contribution limit for 2024 is $23,000.