2024 401 Contribution Max

2024 401 Contribution Max. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.