Maximum Contribution 401k 2024. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. Contribution limits for simple 401 (k)s in 2024 is $16,000 (from $15,500 in 2023).
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. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.
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