Contribution Limits 2024 401k. This limit includes all elective employee salary deferrals and any contributions. 401 (k) contribution limits in 2023 and 2024.

For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. As kiplinger has reported, if you are younger than 50, the maximum amount you can.