2024

401k Contributions 2024 Maximum Amount

401k Contributions 2024 Maximum Amount. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax. 401 (k) contribution limits in 2023 and 2024.


401k Contributions 2024 Maximum Amount

For 2023, the maximum contribution is $6,500 per year, increasing to $7,000 for 2024. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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