401k Maximum 2024 Contribution Limit

401k Maximum 2024 Contribution Limit. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. Employees can contribute up to $22,500, up from $22,000 in 2023.

The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.