Linkin Park 401k Maximum Contribution 2024. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. For individual retirement accounts, or iras—both roth and traditional types—2024 contributions will max out at $7,000, up.