2024 401k Max Contribution. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The irs places contribution limits on 401 (k)s:
There’s still time to boost 401 (k) contributions and max out your plan account for 2024, but not everyone should, according to financial advisors. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.