2024 401k Max Limit Fidelity. — the limit on total employer and employee contributions for 2024 is $69,000. — the roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.
In 2024, the combined limit both you and your employer can contribute to your plan cannot exceed $69,000 or 100% of employee compensation, whichever is less. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.