What Is 2024 Maximum 401k Contribution Limit. Those 50 and older can contribute an. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Here’s what you need to know about that maximum, employer matches and how much you should contribute.