401k Contribution Limits 2024 Catch Up Total Liabilities

401k Contribution Limits 2024 Catch Up Total Liabilities. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. The limit on total employer and employee contributions for 2023.

The total annual contribution to a 401(k) plan increased from $61,000 to $66,000 when including all contribution types. The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023.