Estimated 401k Limits For 2024. I estimate it will go up by $1,000 to $24,000 in 2025 (or $23,500 if inflation. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000. If you’re age 50 or older,.