401k Limits 2024 Employer Match 2024. And the total annual contribution amount (employee plus employer contribution) will increase to $69,000 from $66,000. The limit on total employer and employee contributions for 2024 was $69,000 or 100% of employee compensation, whichever was less.
For workers age 50 and up, the base limit was $76,500, which. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.