401k Limit 2024 Combined Employer. That means a new 401(k). For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

The 401 (k) contribution limit is $23,000 in 2024. The total overall 401(k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.