Maximum 401k Contribution Limit 2024

Maximum 401k Contribution Limit 2024.  — the total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. This amount is an increase of $500 from the 2023 401.

The total contribution limit for 401(a) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000 for 2024. This limit includes all elective employee salary deferrals and any contributions made to a designated roth.