415 Limit 2024 With Catch Up Contribution. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. For 2024, it remains the same at $7,500;

The 415(c) limit is the maximum amount of contributions that individuals can make to a defined contribution retirement plan in a calendar year, as per section 415(c) of the internal revenue code. The total contribution limit for 401(a) defined contribution plans under section 415(c)(1)(a) increases to $69,000 in 2024.