2024 401k Catch Up Contribution Limits. The limit on employer and employee contributions is $69,000. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.

That means a total of $30,500. 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.