401k Contribution Limits 2024 Catch Up Total Contribution Limit

401k Contribution Limits 2024 Catch Up Total Contribution Limit. In 2023 and 2024, this limit is $7,500. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

The 401 (k) compensation limit is $345,000. Total contributions cannot exceed 100% of an employee’s annual.