2024 401k Contribution Limit

2024 401k Contribution Limit. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. For 2024, the contribution limit for employees participating in a 401k plan has increased to $23,000 from last year’s limit of $22,500.


2024 401k Contribution Limit

It will go up by $500 to $23,500 in 2025. Starting in 2025, the 401 (k) employee deferral limit will jump to $23,500, up from $23,000 in 2024.

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