2024 401k Contributions Max Over 55. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs.

Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.