2024 401k Contribution Limits Chart. โ the total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that. That's an increase from the 2023 limit of $330,000.
In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Employer matches donโt count toward this limit and can be quite generous.