2024 Max 401k Contribution Employer Contribution Limits

2024 Max 401k Contribution Employer Contribution Limits. For those 50 or older, the limit is $30,500. For 2024, the maximum 401 (k) contribution limit is $23,000 for individuals under the age of 50.

In 2024, the maximum you can contribute is $23,000 as the employee plus an additional 25% of compensation as the employer. Starting in 2025, employees can sock away up to $23,500 in their 401 (k)s.