2024 401k Limits And Catch Up Limits. 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. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

The 401 (k) compensation limit. Employees 50 or older can contribute up to.