Irs 401k Limits 2024 Catch Up. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. Irs 401k limits 2024 catch up arlana savina, the limit on employer and employee contributions is $69,000.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.