2024 401k Limits Contribution Amount

2024 401k Limits Contribution Amount. This is again up from $66,000 in 2023.  — as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

 — the 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. You can contribute to more than one.