What Is The Maximum 401k Contribution 20234. The 401 (k) contribution limit in 2023 will be $22,500, up from $20,500 in 2022. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023.


What Is The Maximum 401k Contribution 20234

In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. Next there’s the overall contribution limit, which combines both employer and employee contributions.

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