Maximum 401k Employee Contribution 2024. 401 (k) contribution limits in 2023 and 2024. Use our calculator to estimate your future balance.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.