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

Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. If your plan provides for matching contributions, you must follow the plan’s match formula.