Maximum 401k Limit 2024. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.

This limit doesn’t include catch. In 2024, employers and employees together can.