401k Limit 2024 Catch Up. This means that your total 401(k) contribution limit for 2024 is $30,500. The 401 (k) compensation limit is $345,000.
If you are 50 years old or older, you can also contribute up to $7,500 in. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.