2024 Max 401k Contribution . Learn how to make the most of your 401k plan For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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 retirement savers under 50, the maximum annual contribution to an individual retirement account in 2024 is $7,000.
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401(k) Contribution Limits & How to Max Out the BP Employee Savings , In 2024, the maximum you can invest in your 401 (k) is $23,000, and this doesn't include any employer matching contributions.
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