401k Maximum Contribution 2024. This amount is up modestly. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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