401k 2024 Employer Contribution Limit Irs. The limit for combined contributions made by employers and employees cannot exceed the lesser of 100% of an employee's compensation or $69,000 in 2024, up from. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

In 2024, the contribution limit for a roth ira is $7,000, plus an additional contribution of $1,000 if you are age 50 or older. Workplace retirement plan contribution limits for 2024.