401k Contribution Limits 2024 Catch Up Total Amount. Changes in inflation affect the limits,. The limit on total employer and employee contributions for 2023 was $66,000.
For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023). The limit on total employer and employee contributions for 2023 was $66,000.