What Is The Max 401k Contribution For 2024. When most people think of 401(k) contribution limits, they are thinking of the elective deferral limit, which is $23,000 for 2024 ($22,500 in 2023). Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is.
The 401(k) contribution limit increased to $23,500 for 2025, up from $23,000 in 2024. The new contribution limit for 401 (k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the internal revenue service said friday.
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