401k 2024 Contribution Limit Chart In India.  — in 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.  — for 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023).

 — the 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties. — in 2024, the personal contribution limit for those under 50 is $22,500.