401k Contributions 2024 Max Amount. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Your contributions also can’t exceed 100% of your total salary.


401k Contributions 2024 Max Amount

The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

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