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What'S The Max 401k Contribution For 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 401 (k) contribution limit for 2024 is $23,000.

The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. Some retirement plans have lower limits, so check the details of your allowable contributions.