2024 401k Contribution Max . In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. This amount is up modestly from 2023, when the individual 401(k) contribution limit.
Some retirement plans have lower limits, so check the details of your allowable contributions. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
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401k Contribution Limits And Limits (Annual Guide) , The changes are outlined in the table below.
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