401 K Catch-Up Contribution Limit 2024. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023. The 401 (k) compensation limit is $345,000.
Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. This means that your total 401(k) contribution limit for 2024 is.