401k Limit 2024 69000 Salary. In brief, you get one $23k limit for employee. Employer contributions are also limited to 25% of an employee's salary.
The 401(k) contribution limit for 2024 is $23,000 for individuals under the age of 50. The 401(k) retirement maximum contribution limit has been raised from $22,500 to $23,000 for elective deferrals in 2024, with the maximum contribution increasing from $66,000 to $69,000.