Maximum 401k Contribution 2024 With Catch Up Period. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. It is $3,500 for simple 401(k).
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. In 2023, the maximum annual contribution allowed is $30,000 (the $22,500.