401k 2024 Max Contribution 2024. 401 (k) contribution limits for 2024. The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024.


401k 2024 Max Contribution 2024

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax.

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