2024 401k Contribution Limits For Simple 401k Match. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:

In comparison, simple 401(k) plans have the following limits for 2024, including employer contribution limits: So, if you were exercising this option in 2024, you’d only be able to roll over up to $7,000, which is the 2024 limit.