Max 401k Catch Up Contribution For 2024 Employer. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. Those 50 and older can contribute an additional.

Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. 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.