Maximum 401k Contribution 2024 Employer Contribution. The 2024 maximum 401k contribution limit will be $23,000, which is a an increase of $500 over the 2023 maximum 401k contribution limit of $22,500 (which had. This brings the maximum amount they can contribute to their 401 (k)s to $30,500 in 2024 ($30,000 in 2023).
This brings the maximum amount they can contribute to their 401 (k)s to $30,500 in 2024 ($30,000 in 2023). For 2023, irs set the 401 (k) contribution limit to $22,500, reflecting an increase of $1,000 from 2022.