2024 Max 401k Contribution Employer. This amount is up modestly from 2024, when the individual 401 (k) contribution limit was $23,000, or $30,500 for employees who were 50 or older. The limits were $23,000 and $30,000 respectively in 2024.

For 2024, the maximum 401 (k) contribution limit is $23,000 for individuals under the age of 50. The 401 (k) contribution limit increased to $23,500 for 2025, up from $23,000 in 2024.