2024 401k Maximum Contribution

2024 401k Maximum Contribution. 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. Here's what you need to know about that maximum, employer matches and how much you should contribute.

Simple 401 (k) participants aged 50 and up can make “catch up” contributions of. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.