401k Contributions 2024 Catch Up. The limit on employer and employee contributions is $69,000. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.

In 2022, for people under 50 years old, this limit is. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.