Catch Up Contribution 401k 2024. In 2022, for people under 50 years old, this limit is $20,500, increasing to. The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions.

The limit on employer and employee contributions is $69,000. There are annual limits to how much you can contribute to your 401 (k).