Maximum Total Retirement Contribution 2024. As of 2024, the maximum contribution limit is 25% of an employee’s compensation or $69,000, whichever is less. This chart lists the maximum amounts individuals are permitted to contribute to their retirement plans each.
In 2024, employees can contribute up to $23,000, tax deferred, to these plans. In 2024, the total amount you can contribute to your 401(k), including matching contributions, is $69,000.