2024 401k Limits And Matching Contribution Limits. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. 401(k) contribution limits in 2023 and 2024.

The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. First there’s the annual employer salary deferral limit.