Maximum 401k Contribution 2024 Over 55. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 401 (k) contribution boost for 2024 is lower than the $2,000 jump that occurred for 2023, but is still significant for the many employees who are falling short of their retirement goals.
In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. 401 (k) contribution limits in 2024 first, what are contribution limits?
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