401k 2024 Tax Year Limit 2024. The 401(k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.
The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. This amount is up modestly from 2023, when the individual.