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401k Limits 2024 Employer Contribution. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

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. The overall 401 (k) limits for employee and employer.