Maximum 401 K Contribution Limit 2024. If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
What is the maximum 401(k). For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan is $23,000.
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