401k 2024 Maximum Contributions. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. Participants who are 50+ can save an additional $7,500 in 2024 in.
Contributions to 401 (k)s can be automatically deducted from your paycheck. In 2024, the total amount you can contribute to your 401(k), including matching contributions, is $69,000.