Max 401k Contribution 2024 Employer 2024. For 2024 you may contribute up to $23,000 to your employer's 401(k) plan. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

Deferred compensation limits for workers ages 50 and older. 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.