2024 401k Contributions Max. 401 (k) contribution limits in 2023 and 2024. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.
For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.