401 K Contribution Limits 2024 Catch Up. The 401 (k) contribution limit for 2024 is $23,000. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
This means that your total 401(k) contribution limit for 2024 is. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.