Combined 401k Contribution Limits 2024. If you leave one job in order to start a new position in calendar year 2024, your total combined contributions to plans at both employers are limited to $23,000, or. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
If you have a 401(k) match, the combined limit in 2023 is $66,000, or $73,500 if you’re 50 or older, or 100% of your salary if it’s less than the dollar limits. In 2024, the combined contribution limit is increasing to $69,000, up from $66,000 in 2023.