401k Contribution Limits 2024 Calculator Uk. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
This is up from $66,000 and $73,500 in 2023. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties.