Total 401k Contribution Limit 2024 Fidelity. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. (2 min) older workers can put more money than ever in their 401 (k)s starting next year under a new law meant to boost retirement savings for people in their early 60s.
Published fri, nov 1 2024. Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the $22,500 limit in 2023.
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