Total 401k Contribution Limit 2024. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022. In 2023, this rises to $22,500.

 — the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The limit on employer and employee contributions is.