Max 401k Contribution 2024 Employer 2024. That's up from $66,000 in 2023. In 2025, the maximum contribution limit on combined employee and employer contributions is $70,000, up from $69,000 in 2024.

In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. For 2024, your employer can only consider up to $345,000 in compensation to calculate any contribution it makes to your 401 (k) plan, whether through 401 (k) matching or.