Catch Up 401k Contribution Limits 2024. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. 2024 401k catch up contribution limits 2024 2024 401k catch up contribution limits 2024.

The irs limits how much employees and employers can contribute to a 401 (k) each year. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000.