Maximum 401k Contribution 2024 Employer. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. In 2024, employees can contribute up to $23,000 to their plans.
The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax. The maximum an employer can contribute to an employee’s 401(k) account in 2024 is $46,000 if they are under 50.
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