2024 Max 401k Contribution. The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. Workplace retirement plan contribution limits for 2024.
The 401(k) contribution limit for 2024 is $23,000. 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.