Max 401k Contribution 2024 Including Employer. Starting in 2025, the 401 (k) employee deferral limit will jump to $23,500, up from $23,000 in 2024. The irs limits how much employees and employers can contribute to a 401 (k) each year.
Deferred compensation limits for workers ages 50 and older. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.