2024 401k Max Contribution Rates. You can contribute to more than one. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.