2024 401k Contributions Max . The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.
The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.
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Irs Maximum 401k Contribution 2024 Reba Valera , The standard 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).