2024 401k Limits Catch Up Over 50 Over 60. The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. If you participate in a 401(k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.
In 2023, this rises to $22,500. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000.