Maximum Employer 401k Contribution 2024. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. The limit on total employer and employee contributions for 2024 was $69,000 or 100% of employee compensation, whichever was less.
The maximum you can contribute to your 401(k) in 2024 is $23,000 if you’re under age 50, or $23,500 in 2025. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50.