401k 2024 Maximum Contribution 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024.
The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. You can take advantage of the higher.
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