401k 2024 Maximum Contribution Amount. This amount is up modestly from 2023, when the individual 401(k) contribution limit was. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.

 — for 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.  — in 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.