2024 401 Contribution Max. This limit includes all elective employee salary deferrals and any contributions made to a designated roth account. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.