401k Contribution Limits 2024 . This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase. First there's the annual employer salary deferral limit.
You can invest up to $23,000 in 401(k) plans in 2024, and anyone age 50 or older can put in an extra $7,500. The 401(k) contribution limit for 2024 is $23,000, or $30,500 if you’re at least 50.
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