401k Maximum Contribution 2024. It's kind of obvious that if you want to get the very most out of a 401 (k) plan, however, you must put the most in. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.