2024 Max 401k Contribution 50 Year Olds Over 60. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024. The standard 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).
Savers will be able to contribute as much as $23,500 to a 401(k) in 2025, up from $23,000 in 2024. The 401(k) contribution limit increased to $23,500 for 2025, up from $23,000 in 2024.
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