401k Contribution Limits 2024 Employer Matching. Be sure to take advantage. Annual contribution limits for 401(k) accounts change every year.

Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The contribution limit on 401(k) plans in 2024 is $23,000, with workers 50 and older allowed to set aside an additional $7,500 to catch up on retirement planning.