What Is The Maximum 401k Contribution 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. In 2023, the limits were $66,000, or $73,500 for people 50 and older.
The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023). Use our calculator to estimate your future balance.