2024 401k Max Contribution Amount. Savers will be able to contribute as much as $23,000. Those 50 and older can contribute an additional $7,500.
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. The 401 (k) contribution limit for 2024 is $23,000.