Max 401k Contribution 2024. Changes in inflation affect the limits, which have risen gradually. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
In 2024, both the traditional 401 (k) and roth 401 (k) have a contribution limit of $23,000, while simple 401 (k) has a limit of $16,000. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.