2024 401k Max Contribution

2024 401k Max Contribution. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Employers can contribute to employee.

Simple 401 (k) plan contributions max out at $16,000. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).