401k 2024 Contribution Limit Irs Catch-Up. 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. — for 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
The limit for overall contributions—including the employer match—is 100%. — the 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000.