Max 401k Contribution 2024 And Catch Up. The dollar limitation for catch. Be sure to take advantage of your company’s matching program as well.
The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).