Employee Employer Combined 401k Limits 2024. The irs imposes maximum contribution limits to help ensure all employees' fair participation in 401 (k) plans. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

Deferred compensation limits for all employees under. The irs imposes maximum contribution limits to help ensure all employees’ fair participation in 401 (k) plans.