401k Catch Up 2024 Contribution Limit Irs. For 2024, that limit goes up by $500 for a total of $8,000. The limit on employer and employee contributions is $69,000.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 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.