Irs Maximum 401k Contribution 2024. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. In 2024, employees and employers can contribute a combined maximum.

In 2024, employers and employees together can. 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.