401k 2024 Contribution Limit Catch Up In India. Total contributions cannot exceed 100% of an employee’s annual. Although the official announcement hasn't been made yet, many analysts predict that the 2024 401 (k) contribution limit will jump $500 to $23,000, from the.

The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000. There are annual limits to how much you can contribute to your 401 (k).