401k Limit For 2024. The most you can contribute to a 401 (k) in 2024 is $23,000, or. 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.

Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.