401k Max Contribution 2024 Ee And Er Contribution. For those 50 or older, the limit is $30,500. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).

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. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.