401k Annual Limit 2024 Catch Up. That means a total of $30,500 can be contributed as an employee of a. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
The power of compound interest means. The contribution limit for simple 401(k)s is $16,000 (up to $19,500 if you’re 50 or older).