2024 Max 401k Contribution Limits. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). Read on to learn more.

For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.