401k Limits 2024 Total Contribution Limits. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. You can contribute to more than one 401.

If you and your employer are both contributing to your 401 (k), the total contributions to the account can’t exceed $69,000 in 2024. Total contribution from yourself as an employee and an employer cannot exceed $66,000 in 2023, or $73,500 if you are 50 or older.