401k Limits 2024 Total Amount. 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. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.
They both offer a $23,000 employee contribution (for those under 50 in 2024) and a $69,000 total. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.