Max 401k Contribution 2024 Including Employer. Those 50 and older can contribute an additional $7,500. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.

As announced by the internal revenue service (irs), contribution limits for 401(k) plans have increased in 2024. Simple 401 (k) plan contributions max out at $16,000 for the 2024 tax year.