2024 401k Contribution. โ 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. Some higher earners can funnel.
In 2024, the contribution limit for 401k plans, including 403 (b) plans, and most 457 plans, will increase to $23,000. Employees 50 or older can contribute up to $30,500 with catch.