401k 2024 Contribution Limit In India. Employees 50 or older can. The employee contribution cap for 401 (k) plans is expected to climb from $22,500 to $23,000 in 2024.

The total amount that can be contributed to your 401 (k), also known as the 415 (c) limit, inclusive of both your own paycheck deferrals and any employer contributions, is. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.