Maximum 401k Contribution 2024 Over 55. For 2025, the annual employee contribution limit for 401(k) plans is set to increase from $23,000 in 2024 to a record high of $23,500. Read our write up on the current 401(k) contribution limits and what they mean for you.
Total 401(k) plan contributions by an employee and an employer cannot exceed $69,500 in 2025. For 2025, that limit rises to.