2024 401 Contribution Max. For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
401 (k) contribution limits in 2023 and 2024. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
