Maximum 401k Contribution 2024 Married Filing Jointly. — the contribution limit for employees who have a 401 (k) plan is $23,000 in 2024. — and for married folks filing jointly, the phaseout range is $230,000 and $240,000 in 2024, up from between $218,000 and $228,000 in 2023.
Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For ira contributions limits depend on whether you or a spouse.