2024 401k Contributions Catch Up. The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,. This change will affect taxpayers who earn at least $145,000.

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.