401k Contribution Limits 2024 Catch Up Total. The contribution limits for individual retirement accounts (iras) also.  — in 2024, the irs limits total 401(k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.

Contribution limits apply to both employee and employer contributions.  — the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.