2024 401k Contribution Limits 2024. The 401 (k) employee contribution limit for 2024 is $23,000. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.
Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.