2024 Catch Up Contribution 401k Limit. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from. The limit for overall contributions—including the employer match—is 100%.
The limit on employer and employee contributions is $69,000. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.