2024 Maximum 401k Contribution Catch Up In India. — the 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. Match the employee’s contribution of 3%.
In 2024, employees under 50. — the total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024.