Max 401k Contribution 2024 With Catch-Up Upcoming. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The 401(k) contribution limit is $23,000 in 2024.
The 401(k) compensation limit is $345,000. The overall 401(k) limits for employee and employer.