2024 Irs 401 K Contribution Limits. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500. This amount is up modestly from 2023, when.
$7,000 for 2024 ($8,000 if you’re age 50 or older). 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.