401k Limit 2024 Combined With Salary. If you participate in a 401(k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023.

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 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.