Total 401k Contribution Limit 2024 Employer Match. The limit set by the internal revenue service for total 401(k) contributions for 2024 from an employee aged 50 or older is $76,500. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.
The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Employees 50 or older can.