Individual 401k Contribution Limits 2024. Contributions from all sources—including employer 401(k) matching—are limited to $69,000 in. However, it’s important to understand various nuances in terms of contribution limits and the difference between employee and employer contributions.

If you’re 60, 61, 62, or 63, you can contribute an additional $11,250 instead of $7,500. Contribution limits for 401(k), 403(b), and most 457 plans, as well as the federal government’s thrift savings plan will also increase by $500 for 2024.