401k Limits 2024 Total Contribution. In 2023, this rises to $22,500. You can contribute to more than one 401(k) plan.

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. 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.