401k Annual Limit 2024 Elections. Contributions from all sources—including employer 401(k) matching—are limited to $69,000 in. Here's why you should update your account now, financial experts say.
The 401(k) contribution limit for 2024 is $23,000 for employee salary deferrals, and $69,000 for the combined employee and employer contributions. At stake are a host of critical pocketbook issues ranging from taxes to inflation, health care, and the economy.