401k Limit 2024 Catch Up Over 55. The 401(k) compensation limit is $345,000. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.
The combined limit for employee and employer contributions is $69,000. The 2025 401 (k) contribution limit increased to $23,500, up from $23,000 in 2024.
