2024 401k Limits And Matching Bonus. 401 (k) contribution limits 2024: In 2024, employees and employers can contribute a combined maximum of $69,000 (or $76,500 if the employee is age 50 or older).

That’s an increase from the 2023 limit of $330,000. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.