2024 401k Contribution Limit Catch Up 2024.  — as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Workers who contribute to a 401 (k), 403 (b), most 457 plans, and the federal.

 — in 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.  — the 401(k) employee contribution limit for 2024 is $23,000.