What Is The Limit For 401k Contributions In 2024 In India. The limit on employer and employee contributions is.  — total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

 — the 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Many employers offer matching contributions, giving you “free money” for retirement.