2024 Max 401k Contribution With Catch Up Rate. The 401(k) contribution limit for 2024 is $23,000. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers. Those 50 and older can contribute an additional.