401k Max 20244. The 2024 limit on 401 (k) contributions is $23,000, or $30,500 for people 50 and older. For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.
Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. 401 (k) employee contribution limits increase in 2024 to $23,000 from $22,500 in 2023.